The flourishing Cement Industry in India

MUMBAI, India - July 13, 2015 - PRLog -- Cement is the integral part of any construction; in fact, it is one of the most crucial raw materials which is used every now and then. Undoubtedly, this is one of the most flourishing sectors of India which boosted the economy to a large scale. Indeed, it is a big success for the country to receive a huge amount from this sector. Additionally, it also lends its great share for supporting the socio-economic cause. Thus, it is important to highlight that the cement industry has expanded to multiple times over the last few years with promising capacity to produce great tons.

Initially in the year 1889, the cement industry came into light in Calcutta. Later on in the year 1904, in Chennai, the first cement plant was built up to process cement because previously it came from Argellaceous. Definitely, the cement industry faced upsurge and downturn; it witnessed a time when the demand was in full bloom but all of a sudden, it faced perilous situation when the importance ended in a low profile. In order to meet those unexpected situations in the year 1927, the concrete association of India came into existence. This association deliberately tried to emphasize the importance of cement industry and also focused on letting know about its benefits and utilities.

Overcoming all types of situations, today it is the most industrious sector of the country. Indeed,it is one of the paramount sectors with oodles of advancements. Most importantly, it is one of the sectors which has accepted the latest technological up-gradations to bring a massive change in the industry look. As a result, it also gained rapid improvement in accentuating its growth. In India, cement industry is expecting to earn more profit in the coming years as well. In order to support the production, the central ministry of industry and commerce put lots of effort to provide incentive so that the cement industry could show a surplus of production in terms of the cement.

Coming to the business aspect, the cement industry is expected to grow leaps and bounds; in fact, it is speculated to face a rise of 8.96 %. In addition to this, the housing domain is the most trusted which actually consumes about 67 % from the industry. Additionally, the cement is also consumed by the commercial sector, other industrial sectors which also range from 11 to 13% as well. It needs no explanation that present the industry is the most demanding because of the use of coal and limestone as the most important ingredients which are used for preparing the cement. Thus, to make assurance the cement industry is ready to accelerate the production to 56 million tons in the future years. Hope the industry will bloom and will raise the per capita income of India to about 190 kg. Thus, the industry is trying heart and soul to meet that level by the year 2017.

http://navrattancement.com