Booming Real Estate Business pushes Indian Cement Industry Upwards

PRLog (Press Release) – The seventy years old cement industry in India is ranked 2nd in the world. The industry is fragmented, with its top 5 players making up for about half of the installed capacity of around 150 Million tons. While small players hold the balance in this industry. With the growth in real estate activities and boom in the development of infrastructure, cement industry is on a roll in India.

As a consequence of the spurt in housing & construction in India, an average growth of ninety-five percent was registered by the cement manufacturing companies in Q1 2006, according to a survey conducted by Assocham's Industry body. An upsurge of 32 percent in the sales volume was witnessed by the key cement producing companies due to the strong demand in western as well as northern regions.

RNCOS has recently published a report "Opportunities in Indian Housing Sector (2006-2007)", which provides extensive research and objective analysis on the growing housing industry in India, its components and the supporting financing structure. This report helps clients to analyze the leading-edge opportunities critical to the success of Housing Industry in India.

According to this report, "On a cumulative basis, production was up by 10.7% at 1276.6 lakh tons during April and February 2005-06 as compared to slower growth of 8.6% in the corresponding period year ago. Strong demand for cement witnessed in recent months has been able to absorb the incremental 6.46 Million capacities commissioned during April- February 2005-06."

RNCOS report on Housing Sector in India helps clients assess:

- Factors that help in the growth of the Housing Industry in India.
- Reasons for slower growth of housing sector in India.
- Market size of different components used in making a house.
- Housing industry is promoted and supported by housing finance companies in India.
- The share of India in Asia's Real estate industry.

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