Under the background of the good development momentum of India's cement industry , the country's cement enterprises have also set off a wave of "expansion". Infiniti Research, a world-renowned market research service company, reported that the cement market in India is expected to grow at a compound annual growth rate of 8.96% from 2014 to 2019.
JSW Group
It is reported that JSW Group plans to build a series of new cement grinding stations in areas adjacent to existing steel plants, expanding the group's current annual production capacity of 5 million tons to 30 million tons by 2025.
Seshagiri Rao, head of JSW Steel, said the group was working to become one of the leaders in India's cement industry and to expand its annual cement production capacity to 30 million tons by 2025. At the same time, the Group will also put the slag produced by the existing steel plant into production to the cement grinding station and obtain clinker from the nearest cement plant to reduce production costs and improve the competitiveness of the Group.
UltraTech cement
UltraTech Cement has revealed plans for the next phase of its expansion. Following the acquisition of two cement plants of Jaypee Group, the company is planning to set up two grinding stations in Bihar and West Bengal. UltraTech's head OP Puranmalka said the expansion plan also includes building a bulk terminal in Maharashtra to help reduce transportation and logistics costs: expanding the capacity of the cement plant in Rajasthan and consolidating UltraTech's position in the Indian cement industry.
Dalmia cement
It is reported that Dalmia Cement has invested heavily in expanding its business scope in northeastern India since 2012. Abhra Banerjee, head of Dalmia Cement, said the company currently operates three cement plants, one in Meghalaya and two in Assam. In the northeast region, the company has about 3000 employees. However, Abhra Banerjee said the number is likely to increase in the coming years.
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