PERFORMANCE ANALYSIS OF CEMENT INDUSTRY: (WITH SPECIAL REFERENCE TO SELECTED CEMENT MANUFACTURING UNITS)

The cement industry plays a pivotal role across the world as its products are vital to the development industry and makes a significant contribution to the nation’s gross domestic product. The cement demand during a country is mostly driven by the expansion in per capita income. An industry which is that the major and oldest indigenous manufacturing product well-endowed with all the essential raw materials, skilled manpower, machinery, technology and know-how in the modem sector of India economy is cement industry. It’s a capital-intensive, energy-intensive and transport-intensive industry. As the basic and consumer industry, its product is in need of the event of modem civilization. The consumption of cement is an indicator of the country’s prosperity, development and constructive activities. Its significance as nation building industry in acceleration of economy doesn't need any emphasis. I Indian Cement Industry, today, is the best among the countries in the world with regard to the employment of latest technology, large capacity projects, fuel and power consumption, environmental-friendly, etc. Since its inception in 1914, the cement industry in India cement has undergone an amazing change in technological and environmental fronts. Housing sector has emerged because the biggest consumer of cement industry. This is often empirically evidence by innumerable ways getting used to the graceful gardens and flickering fountains from massive dams and towering sky scrapers. As such, it's a major contributor to the revenue exchequer of both the Central Government and also the regime. The market demand for cement is in boom. But, the cement industry is facing problems of assorted sort of capacity utilization, finance, production and marketing which all at once play a significant role in fortune of the cement industry. India stands second in cement production in the world but far behind in consumption of cement. This nature of problems varies from region to region and also from one kind of product to a different and from period to period. For all thee would wish to search out out the remedial measures.

KEYWORDS: Production, Efficiency, Development, Infrastructure, Consumption, Capacity, Economy.


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