The Cement Manufacturers Association of India (CMA) recently said that the current cement production capacity of India's local cement manufacturing industry has reached 425 million tons per year, with a surplus of 100 million tons. According to the Indian newspaper Pravda, India has invested nearly $9.4 billion in this part of excess capacity, and CMA expects that the recent infrastructure construction plan, including some railway construction, will boost India's cement demand. Shailendra Chouksey, chairman of the CMA, added that projects like the Mumbai-New Delhi high-speed rail project could boost cement demand by at least 3 to 5 million tons per year.
In another report, M P Rawal, head of JK Cement in India, confirmed CMA's statement on the current situation of India's cement industry, saying that the construction of India's cement industry is slowing down, that the capacity utilization rate of India's cement plants in 2016 is only 70%, and that this situation is expected to continue in 2017. The M P Rawal also warned that a high-speed rail project would not have much impact on India's cement industry.
浙公网安备33010802003254号