India is the second largest cement producer in the world and accounts for over 8 per cent of the global installed capacity, as of 2019. Cement production reached to 337.32 million tonnes in 2019 and stood at 278.79 million tonnes from April 2019-January 2020.
Cement Companies in India
The Indian cement industry is dominated by a few companies. The top 20 cement companies account for almost 70 per cent of the total cement production of the country. A total of 210 large cement plants account for a cumulative installed capacity of over 410 million tonnes, with 350 small plants accounting for the rest. Of these 210 large cement plants, 77 are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu. Capacity addition of 20 million tonnes per annum (MTPA) is expected in FY19- FY21.
According to data released by the Department for Promotion of Industry and Internal Trade (DPIIT), cement and gypsum products attracted Foreign Direct Investment (FDI) worth US$ 5.28 billion between April 2000 and December 2019.
Due to the increasing demand in various sectors such as housing, commercial construction and industrial construction, cement industry is expected to reach 550-600 Million Tonnes Per Annum (MTPA) by the year 2025.