Cement Industry In India Trade Perspectives

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Cement prices, over the last decade, have grown steadily at 7-8% pa. Holtec’s proprietary Price Model, which maps the impact of over 40 variables on cement price, indicates that the CAGR of cement prices would be of the order of 7% pa. The current average price of about Rs. 300-325/ 50 kg bag could thus reach a level of Rs. 400 by 2020.

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World Cement Trade Imports Exports Trade SOURCE: ITC, Geneva United States is the largest trader of cement in the world, with total trade of US$ 1,396 million during 2008, followed by Germany, Belgium and Netherlands with total trade of US$ 945 million, US$ 744 million and US$ 562 million, respectively.

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India’s Trade Profile and Market Access The Indian cement industry is one of the oldest industries.20 0.Major Economies 1. low level of intra-industry trade in China may be explained by low level of cement imports compared to exports.Since the value of the Grubel-Lloyd Index changes with an increase in deviation in country’s imports and …

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India is the second largest producer of cement in the world. No wonder, India's cement industry is a vital part of its economy, providing employment to more than a million people, directly or indirectly. Ever since it was deregulated in 1982, the Indian cement industry has attracted huge investments, both from Indian as well as foreign investors.

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