National Journal of Multidisciplinary Research and Development

National Journal of Multidisciplinary Research and Development

ISSN: 2455-9040

Vol. 3, Issue 1 (2018)

Financial performance analysis of select cement companies

Author(s): T Kavitha, T Manjula
Abstract:
The Indian cement industry is the second largest in the world after china’s. In terms of excellence, yield and effectiveness, it compares with the best anywhere. It is almost entirely home growth, built, indigenously and using locally obtained inputs. Barring one or two exceptional years, the performance in the last two decades has been quite consistent and commendable in terms of modernization, expansion, growth in production, and improvement in productivity and cost efficiency.
The first India cement industry was setup in 1904 at coriander in Gujarat. In 1925, two factories were again established in kaini in Madhya Pradesh and Lahari in Rajasthan. The cement manufactures association of India came into being in 1927. At present, the industry has an installed capacity of over 137 million tons from 124 plants. Most of this capacity is modern and based on the energy efficient dry process technology. There are as many as 64 plants of a million tons or more capacity.
Pages: 838-841  |  412 Views  149 Downloads
Journals List Click Here Research Journals Research Journals