India is the world's largest cement manufacturer after China . The Indian cement business has drawn large investments from both domestic and foreign companies since since it was deregulated in 1982. According to the data The cement industry in India is expected to grow by 116% by 2030.
Key Importance of the cement industry
The cement business is now flourishing in India. The real estate sector's growth, greater demand globally, and increased activity on infrastructure projects like real estate and federal highways have all contributed to the cement industry's rapid rise. A frenzy of mergers and acquisitions has resulted from the rise in production capacity and competition for the Indian market among the top cement companies in the globe. In terms of cement manufacturing, India is now ranked second worldwide.
The demand for cement in India is anticipated to be between 550 and 600 million metric tons annually by the year 2025. This is due to the expansion of several businesses, such as housing, industrial buildings, and commercial development. Additionally, India's infrastructure is expanding quickly, guaranteeing that demand for cement will be high over the coming several years. 98 smart cities are anticipated to be built around the nation in the upcoming years.
Here is the list of top 10 cement companies in India
1. UltraTech Cement Ltd
UltraTech Cement Ltd. is the main manufacturer of grey cement, Ready Mix Concrete (RMC) in addition to white cement in India. It is also one of the foremost cement producers internationally. It is the Largest among the top five cement companies in India. It is the subsidiary of Grasim Industries which is possessed by Aditya Birla Group.
The company has a joined volume of 102.75 Million Tonnes Per Annum (MTPA) of grey cement. The company has twenty integrated plants, one clinkerisation plant, twenty six grinding units, and seven bulk terminals. It is the foremost cement companies in India.
Ultratech cement also stand at the top cement brand in the category of market share of cement in India.
2. Ambuja Cements Ltd
Ambuja Cements Ltd, a fragment of the worldwide conglomerate LafargeHolcim, is among the top ten Cement Companies in India. It is the second-largest manufacturer of cement in India based on turnover.
Currently, the company has a cement capacity of 29.65 million tonnes through five integrated cement manufacturing plants as well as eight cement grinding units across the country.
3. ACC Ltd
ACC Limited is one of India’s chief manufacturers of cement as well as ready-mix concrete with seventeen cement factories, seventy five ready mix concrete plants, more than 6,700 employees, a massive distribution network of 50,000+ dealers and retailers along with a countrywide spread of sales offices.
4. Shree Cement Ltd
It is the Fourth among the top ten companies in cement in terms of sales. It was incorporated in 1979 thru renowned Bangur family based out of Kolkata. It set-up its first cement Plant in 1985 with a mounted capacity of 0.6 Mtpa. Today, the total cement volume of the company is 29.30 Million tons.
5. Dalmia Bharat Ltd
It is the fifth among the Top 10 companies in cement through Total Revenue. It has cement producing plants in southern states of Tamil Nadu (Dalmiapuram and Ariyalur) as well as Andhra Pradesh (Kadapa), Dalmia Cement has a capacity of 9 million tonnes per annum.
6. Birla Corporation Limited
It is the flagship Company of the M.P. Birla Group. The group was united as Birla Jute Manufacturing Company Limited in 1919. It is one of the best leading cement companies in India
7. India Cements Ltd
From a two plant company having a size of just 1.3 million tonnes in 1989, the company has robustly full-fledged in the last two decades to a whole capacity of 15.5 million tonnes per annum.
8. The Ramco Cements Limited
It is the most common cement brand in South India. The company too produces Ready Mix Concrete as well as Dry Mortar products plus operates one of the main wind farms in the nation.
9. Orient Cement Ltd
In 2015, Orient Cement began commercial production at its incorporated cement plant situated at Chittapur, Gulbarga, Karnataka. With an entire capacity of 8 MTPA, it serves Maharashtra, Karnataka, Telangana, Andhra Pradesh in addition to parts of Madhya Pradesh, Tamil Nadu, Kerala, Gujarat, plus Chhattisgarh.
10. HeidelbergCement India Ltd
The Company runs its operations in Central India at Jhansi (Uttar Pradesh), Damoh (Madhya Pradesh) along with in Southern India at Ammasandra (Karnataka).
Top cement Companies According to the Market Share
As of 2020 market cap data Ultratech Cement is at the top of the kist with the market share of 21.40% followed by Shree cement, Ambuja Cement, ACC cement and Dalmia Bharat with the market share of 6.2%, 6.2%, 6%, 5.5% respectively.