With an installed capacity of nearly 400 million tonnes, India is the second largest cement producing country in the world.
The cement industry is a vital part of the country’s economy, providing employment to more than a million people. In the 12th Five Year Plan, the Indian government plans to increase the investments in infrastructure to USD 1 trillion and increase the industry's capacity by 150 million tonnes.
India's cement demand is expected to reach 550-600 million tonnes per year by 2025. The housing sector is with 67%, of the total consumption, the biggest demand driver of cement in India. The other major cement consumers are infrastructure (13%), commercial construction (11%) and industrial construction 9(%).
The Indian cement industry is dominated by a few companies. The top 20 cement companies account for almost 70% of the total cement production. 209 large cement plants together account for 97% of the total installed capacity in the country. While 365 small or mini cement plants account for the remaining 3%. 77 of the 209 large cement plants are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu.
Which are the 10 biggest players in the Indian cement industry – let´s have a closer look into that.
- Capacity: 69,3 MT
- Plants: 12
- Turnover: $ 3,7 bn
The biggest player in the Indian cement industry is UltraTech Cement, a product of the Indian multinational conglomerate – the Aditya Birla Group that was founded in 1857.
The group started its cement business in 1983 and named the brand UltraTech Cement. This company is based in India's financial capital Mumbai. Its operations span across India, UAE, Bahrain, Bangladesh and Sri Lanka. UltraTech Cement is also India’s largest exporter of cement reaching out to meet the demand in countries around the Indian Ocean and the Middle East.
2. ACC Limited
- Capacity: 35 MT
- Plants: 8
- Turnover: $ 1,8 bn
The number two in the Indian cement industry - ACC (Associate Cement Companies Limited. It was founded in 1936 and is headquartered in Mumbai. ACC is a group of companies like FE Dinshaw, Killick Nixon, Khataus and Tata. ACC has a large distribution network of over 9,000 dealers and countrywide spread sales offices.
The company has been a trendsetter and noted benchmark in cement and concrete technology since it was established in 1936. ACC has a unique track record of innovative research, product development and specialized consultancy services. The name ACC is synonymous with cement and enjoys a high level of equity in the Indian market.
3. Ambuja Cements Limited
- Capacity: 29,6 MT
- Plants: 5
- Turnover: $ 1,5 bn
Ambuja Cements Limited (formerly Gujarat Ambuja Cement Limited) is the third largest cement manufacturer in the Indian cement industry, operating for over 30 years now. Founded in 1983, Ambuja cement is headquartered in Mumbai, Maharashtra. In 2006, the management controls of the Ambuja Cements were bought by, now, LafargeHolcim.
It is the first Indian cement manufacturer to build a captive port with three terminals along the country’s western coastline to facilitate timely, cost-effective and environmentally cleaner shipments of bulk cement to its customers. Ambuja also has its own fleet of ships.
The company has established itself as one of the most efficient and sustainable cement manufacturers in the world. It is among the most profitable and innovative cement companies in India. Ambuja has also pioneered the development of multiple bio-mass co-fired technologies for generating greener power in its captive plants.
4. Shree Cement
- Capacity: 27,2 MT
- Plants: 9
- Turnover: $ 1,03 bn
Shree Cement is the number four cement manufacturing company in India. It was established in 1979 in Beawar - Rajasthan. The founder member of Shree Cement, Benu Gopal Bangur is the executive chairman of the company. Shree is a rapidly growing Company focused on its core business of Cement and Power. Currently its manufacturing operations are spread over North and Eastern India across six states.
Shree Cements is one of the most efficient and environment friendly Company in the global cement industry.
5. Dalmia Cement
- Capacity: 22 MT
- Plants: 4
- Turnover: $ 0,64 bn
The number five in the Indian cement market is Dalmia Cement. Dalmia Cement is the cement manufacturing division of the Dalmia Group that was established in 1939. Over 70 years of operations in the Indian cement industry. Today, Dalmia Cement has established themselves among the top cement companies in India. The company has manufacturing facilities in Andhra Pradesh and Tamil Nadu.
6. Ramco Cements Limited
- Capacity: 16,45 MT
- Plants: 5
- Turnover: $ 0,6 bn
Number six – Ramco Cements, was founded as Madras Cements Limited in the 1950s. The Ramco Cements Limited is the flagship company of the Ramco Group, a well-known business group of South India. It is headquartered in Chennai, Tamil Nadu. Portland cement is the prime project of the company.
Ramco Cements is the most popular cement brand in South India. The company also produces Ready Mix Concrete and Dry Mortar products, and operates one of the largest wind farms in the country.
7. India Cements Limited
- Capacity: 16 MT
- Plants: 10
- Turnover: $ 0,55 bn
India Cements Ltd, the number seven, was founded in the year 1946 by two men - Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. Sri T S Narayanaswami, the banker turned industrialist, looked beyond cement and ventured into aluminium, chemicals, plastics and shipping. A pioneer industrialist and visionary, Sri T S Narayanaswami played a dynamic role in the resurgence of industrialization in free India. From a two-plant company having a capacity of just 1.3 million tonnes in 1989, the company has grown in the last two decades to a total capacity of 16 million tonnes per year.
8. Birla Corporation Limited
- Capacity: 15,5 MT
- Plants: 4
- Turnover: $ 0,51 bn
The number eight cement producing company in India is – Birla Corporation Limited. Birla Corporation Ltd is the flagship company of the MP Birla Group that was established in 1857.The cement manufacturing entity was started in 1918. The company is headquartered in Kolkata. Birla also exports large quantities of cement to Nepal.
9. JK Lakshmi Cement Limited
- Capacity: 13 MT
- Plants: 4
- Turnover: $ 0,46 bn
The number nine - JK Lakshmi Cement is one of the most recognizable names of the Indian cement industry. It was founded in 1982 and headquartered in Sirohi, Rajasthan. It is the cement-making subsidiary of the JK Organization that was established in 1888. Shri Singhania has made significant contributions to trade and economic activities in India. Thanks to his vision, the JK Organization is ushering in a new industrial era in India. Today, with a family of more than 30,000 employees and manufacturing plants throughout the country, it is one of India’s foremost business establishments.
10. J.K. Cement Limited
- Capacity: 10,5 MT
- Plants: 6
- Turnover: $ 0,51 bn
The number 10 – J.K. Cement Limited has over three decades of experience in cement manufacturing. It began with commercial production at Nimbahera, Rajasthan in May 1975. J.K. Cement Ltd is an affiliate of the multi-disciplinary industrial conglomerate J.K. Organization which was founded by Lala Kamlapat.
J.K. Cement was the first company to install a captive power plant, in 1987. It is also the first cement company to install a waste heat recovery power plant. Today, at its different locations, the company has a captive power generation capacity of over 100 MW.
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