Top 4 INDIAN CEMENT makers hold 60% market share in India!
Автор: Jayant Mundhra (Biz News+)
Загружено: 2024-11-14
Просмотров: 1112
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You would be shocked to learn, the top 4 cement makers hold 60% market share in India!
Meanwhile, in China, it takes 16 players to hit that much market share.
Now think this way.
India's cement demand is RISING, while China's is falling.
Yet, India has far LESS competition!
And the wave of consolidation is so strong in India, that the smaller players are aggressively exiting the market, selling to big boys like Adani’s Ambuja and Birla’s Ultratech.
Means, that despite all the real estate mayhem in China and the infra boom in India, somehow, our cement industry is seeing competition decrease.
This is no good news for Indian consumers, and the economy alike.
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