The Indian cement market is the world’s second largest cement market, both in terms of production and consumption and has a vital role to play in the economic growth of the country. Cement suppliers and producers are not only contributing to the GDP.
but also providing employment opportunities to millions of people across the nation. Various government led projects in the real estate, construction and infrastructure sectors, like the introduction of 98 smart cities, are further contributing to the boost of this sector. Additional capacity of 18-20 million tonnes per annum are expected to be added during 2020 financial year. The foreign direct investment in relation to cement production rows to US$ 5.28 million between April 2000 and December 2018. This demand has led to a number of cement suppliers emerging in the construction market.
The sector that leads the demand for cement is the housing sector. It accounts for a total of 67% of the total consumption of cement in India. Other consumers of cement include the infrastructure, commercial construction and industrial construction with 13%, 11% and 9% consumption respectively.
Cement Suppliers In India
- Ultratech Cement
- ACC Cement
- Ambuja Cement
- Shree Cement
- India Cements Limited
- Binani Cement
- Wonder Cement
- JSW Cement
- Mycem Cement
There are a number of companies running the race to become the top cement company in India. Given the high demand and the tough competition, each cement supplier wants to secure its position in the market and lead the industry. Let us take a look at some of the top contenders for the best quality cement in the market currently, based on their annual production capacity. The following list contains a list of cement manufacturers and some small scale industries as well.
Ultratech Cement: This company tops the lists as it produces around 93 million tons of grey cement every year. It owns around 7 bulk terminals, 1 clinkerisation station, 25 grinding units and 18 integrated plants. It is a part of the Aditya Birla Group and was founded in 1983. The director of the firm, K.K. Maheswari has successfully brought the company to its current status through his excellent skills and business mind set. The operations of Ultratech cement are not limited to India but are also present in Bangladesh, Sri Lanka and UAE. Ultratech cement price today is one of the highest in the Indian market but is still a preferred choice given its quality.
ACC Cement: ACC Cementhas a production capacity of around 33.42 million tons of cement per year. The headquarters of the company are in Mumbai and was established in 1936. It has a strong work force of around 7800 employee who are very valuable to the company. The parent company of ACC cement is Lafarge Holcim Group which has its presence in over 80 companies across the globe.
Ambuja Cement: Ambuja Cement was established in 1983 and is also headquartered in Mumbai. It has a production capacity of 29.65 tons per year. It has successfully integrated 5 cement manufacturing plants and 8 cement grinding units in the country. It has a huge employee base of 5183 workers and is constantly moving up the ladder in terms of being one of the best cement suppliers in India. It is also a part of the international conglomerate Lafarge Holcim Group.
Shree Cement: Shree Cement has an annual production capacity of 19.3 million tons per year. It has 5 cement manufacturing plants in India and has over 4698 employees. It was founded in 1979 in Ajmer, Rajasthan and is currently headquartered in Kolkata.
Ramco Cement: Established in 1984, Ramco has an annual manufacturing capacity of 16.45 million tons per year. It has a total of 8 manufacturing plants and is headquartered in Chennai, Tamil Nadu.
India Cements Limited: The company was founded in 1946 and is headquartered in Tamil Nadu. The production capacity of the company is 15.5 million tons per year and it has 8 integrated plants and 2 grinding units in India. It has an R&D centre located in its ICL Daravoi plant. It has around 7500 employees working in the process of manufacturing cement.
Binani Cement: One of the leading global manufacturer and supplier of cement, Binani has an annual production capacity of 11.25 million tons. It is a flagship subsidiary of Binani Industries Limited, BrajBinani Group and was founded in 1996. They have 2 integrated plants, one of which is placed in China. Apart from India, they have a major market share in South Africa, Sudan, UAE, Tanzania, Madagascar and Namibia.
Wonder Cement: The annual manufacturing capacity of the firm is 6.75 million tons. It is a relatively new company, founded in 2010 and is headquartered in Udaipur, Rajasthan. The manufacturing units of the company are established in partnership with ThyssenKrupp and Pfeiffer Ltd. It is a German company with a global presence.
JSW Cement: The production capacity of this company is 6 million tons per year. Headquartered in Mumbai, it has a total of 3 cement production plants located throughout the country in Karnataka, Andhra Pradesh and Maharashtra. It produces 3 major types of cements including Portland Slag cement, Ordinary Portland cement and Ground Granulated Blast Furnace Slag.
Mycem Cement: Mycem Cement has a capacity of producing 5.4 million tons of cement annually. It was founded in 1959 and is headquartered in Haryana. It has 3 manufacturing plants located in Madhya Pradesh, Uttar Pradesh and Karnataka. It is a subsidiary of the Heidelberg Cement Group, a Germany based company.
Apart from the above-listed companies, there are several other cement manufacturing companies in India working on medium to large scale basis. To facilitate easy comparison and purchase of cement and other construction materials online, companies like BuildSupply help in streamlining the procurement process.