The Indian cement companies are expected to add 56 million tonnes (MT) capacity over the next three years. The cement capacity in India may register a growth of eight per cent by next year end to 395 MT from the current level of 366 MT. It may increase further to 421 MT by the end of 2017. The country's per capita consumption stands at around 190 kg.Around 188 large cement plants together account for 97 per cent of the total installed capacity in the country, while 365 small plants account for the rest.
The majority of these plants are located in the states of Andhra Pradesh, Rajasthan and Tamil Nadu.With nearly 350 million tonnes (MT) of cement production capacity.India is the second largest cement producer in the world.
The cement production capacity was 366 MT in FY14, and is estimated to touch 550 MT by FY 20.The change of government at the centre, major policy and fiscal initiatives are expected to boost infrastructure and industrial development in the country, driving the demand for Indian cement.