Ramco Cements to increase Capacity in key markets
India’s cement industry would remain largely regional, with its prospects defined by consumption demand in key micro-markets, as the addition of capacity countrywide makes predicting national pricing trends a difficult task. The industry, the world’s secondbiggest after China, would add about 65M
Published -
Jan 5, 2019 6:45 AM
India’s cement industry would remain largely regional, with its prospects defined by consumption demand in key micro-markets, as the addition of capacity countrywide makes predicting national pricing trends a difficult task. The industry, the world’s secondbiggest after China, would add about 65MT of capacity in the next two years, underscoring the importance of cementing leadership credentials regionally. One such company is Ramco Cements. In the next two years, Ramco plans to add 4.5MT capacity, which would take its total potential output to 21MT. About two-thirds of the total capacity is integrated, meaning the plant is involved in the entire cement value chain – from mining to cement bagging.
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