Top 10 Best Cement Companies in India
The cement industry is one of the eight main industries in the nation. It has traditionally been a very significant business for the government and has achieved great progress after independence as a result of the continued expansion in various parts of the nation.
Whether in an urban or rural environment, every infrastructure project, such as roads, railways, and residential, commercial, or industrial constructions, uses cement. Also, the country’s cement sector has seen a huge volume increase as a result of several government initiatives.
In this article, we’ve examined the Indian cement stock market and identified some of the country’s top cement producers that are seeing rapid growth.
1. UltraTech Cement Ltd.
Indian cement manufacturer UltraTech Cement Ltd. is headquartered in Mumbai. It produces the most white cement, ready-mix concrete (RMC), and grey cement in India, with an installed capacity of 116.75 million metric tonnes annually. It is the only business outside of China with a capacity of more than 100 million metric tonnes in a single nation.
UltraTech Cement has 26 grinding units, 1 clinkerization plant, 7 bulk terminals, and 23 integrated plants. India, the UAE, Bahrain, and Sri Lanka are all involved in its operations.
Birla White is the brand name under which UltraTech sells its white cement products. In addition to two WallCare putty factories with a combined capacity of 0.85 MTPA, it contains a white cement factory with a 0.68 MTPA capacity.
UltraTech is India’s largest producer of concrete, with over 100 ready-mix concrete (RMC) units across 39 locations.
2. Grasim Industries Ltd.
Grasim Industries Ltd. is an Indian company with its headquarters in Mumbai. Since its founding as a textile manufacturer in 1947, Grasim has expanded into a variety of industries, including cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital, as well as textile raw materials like viscose staple fibre (VSF) and viscose filament yarn, chemicals, and insulators. The company is a member of the Aditya Birla Group.
Larsen & Toubro sold UltraTech Cement to Grasim in 2004. Samruddhi Cement, Grasim’s cement subsidiary that was responsible for 76% of the business’s revenue in the prior fiscal year, was demerged in 2010. After that year, UltraTech Cement and Samruddhi Cement merged.
It separated Aditya Birla Capital, its financial services company, in 2017. Its division contained, among other things, consumer finance, insurance, and asset management departments. Grasim kept a 55% stake in Aditya Birla Capital after the demerger.
3. Ambuja Cements Ltd.
A significant Indian cement company is Ambuja Cements Ltd., formerly Gujarat Ambuja Cement Company. The company sells cement and clinker to domestic as well as international markets.
Ambuja Cements Ltd., which operates in 80 different countries and specialises in producing cement, aggregate, and concrete, is the most prosperous cement maker in India. It is frequently referred to as India’s top cement.
It is a part of the multinational company LafargeHolcim Ltd., which has operations in more than 70 countries and its headquarters in Switzerland.
The company produces and sells a variety of cements, such as regular Portland Cement, Portland Pozzolana Cement, Water-Repellent Cement, Water-Resistant Cement, and more. It also manufactures a variety of other goods, including concrete, aggregates, and concrete blocks.
4. Shree Cement Ltd.
In 1979, Shree Cement, an Indian cement company, was established in Beawar, Rajasthan. It is one of the largest cement manufacturers in northern India and has its current headquarters in Kolkata. In the previous two decades, Shree Cement has grown from having a 2 million tonne (mt) production capacity to becoming the third-biggest cement producer in the nation, with installed capacities of 43.3 mt in India and 50.4 mt abroad. Shree Power (Captive Power Plant) and Shree Mega Power are other names for the power it generates and sells (Independent Power Plant).
Its production capacity has more than doubled since 2006 as a result of both new land expansion and increased plant capacity. In the IIM Udaipur 2017 Responsible Business Rankings, Shree Cement came in at number four.
5. ACC Ltd.
ACC Ltd., an Indian cement manufacturer with its corporate office in Mumbai, was formerly known as The Associated Cement Companies Limited. It is a unit of the Adani Group and a subsidiary of Ambuja Cements. The Associated Cement Companies Limited became ACC Limited on September 1st, 2006. On August 1, 1936, the firm was founded in Mumbai, Maharashtra.
ACC Ltd., an Indian cement manufacturer with its corporate office in Mumbai, was formerly known as The Associated Cement Companies Limited. It is a unit of the Adani Group and a subsidiary of Ambuja Cements. The Associated Cement Companies Limited became ACC Limited on September 1st, 2006. On August 1, 1936, the firm was founded in Mumbai, Maharashtra.
The Associated Cement Companies was created in 1936 as a result of the merger of eleven cement companies owned by the Tata, Khatau, Killick Nixon, and FE Dinshaw families. The first chairman of the ACC was Sir Nowroji B. Saklatvala.
6. Dalmia Bharat Ltd.
Jaidayal Dalmia established Dalmia Cement, one of India’s first indigenous cement companies, in 1939. Dalmia Cement (Bharat) Ltd., a completely owned subsidiary of Dalmia Bharat Ltd. with its headquarters in New Delhi, is a publicly traded company that is listed on the Bombay Stock Exchange and the National Stock Exchange.
The company runs 14 cement plants and grinding units spread across 10 states with a total operating capacity of 37 MnT per annum (MTPA). The company now provides services to more than 22 states and has more than 33,000 dealers and sub-dealers. It has a major presence in every region where it operates. Both acquisitions and greenfield expansions have been crucial for the company’s ability to scale the business and expand into new areas. Dalmia Cement is the only business that has at least one factory in each of the four important eastern states of West Bengal, Bihar, Jharkhand, and Odisha.
7. JK Cement Ltd.
JK Cement Ltd. is one of the top producers of grey cement in India and white cement worldwide. On the basis of its superior products, focus on customers, and technological leadership, the company has worked with India’s multi-sectoral infrastructure demands for more than 40 years. In May 1975, JK Cement’s primary grey cement factory in Nimbahera, Rajasthan, began commercial production.
The company is one of the leading cement producers in the nation, with an installed grey cement capacity of 20 MnTPA as of now. One of the top producers of white cement in the world, with an annual production capacity of 1.20 MnTPA for white cement and 1.2 MnTPA for wall putty. JK White Cement is distributed in 43 different nations, and the company has a significant international footprint thanks to its two subsidiaries, JK Cement Works Fujairah FZC and JK White Cement (Africa) Ltd.
8. Ramco Cements Ltd.
The Ramco Group, with its headquarters in Chennai, India, includes Ramco Cements Ltd. (formerly Madras Cements Limited). In India, Ramco Cements has five integrated cement production units, six grinding units, and one packing terminal. The company also manufactures dry mortar and ready-mix concrete (RMC). The company runs wind farms in Tamil Nadu and Karnataka and has a research facility (Ramco Research & Development Centre) in Chennai.
Portland cement, the primary product of the company, is manufactured in eleven production facilities, including integrated cement plants and grinding units, with a total current production capacity of 21 MTPA.
9. Birla Corporation Ltd.
Birla Corporation Limited, founded by Shri Ghanshyam Das Birla in the late 1910s and continued by Madhav Prasad Birla, is the flagship firm of the M P Birla group of enterprises with its headquarters in India.
Birla Corporation started as a jute manufacturing business in the 1890s but over time expanded to run four major divisions: cement, jute, linoleum, and vehicle trim.
The Cement Division of Birla Corporation Limited is located in eight different locations: Satna and Maihar (Madhya Pradesh), Raebareli and Kundanganj (Uttar Pradesh), Chanderia (Rajasthan), Mukutban and Butibori (Maharashtra), and Durgapur (West Bengal).
They produce a number of different types of cement, including ordinary Portland cement (OPC-43 and 53 grades), Portland pozzolana cement (PPC-fly ash-based), Portland slag cement (PSC), sulphate-resistant cement, and composite cement.
The cement is marketed under the MP Birla Cement brand, as well as the brand names PERFECT PLUS, RAKSHAK, SAMRAT ADVANCED, ULTIMATE ULTRA, UNIQUE PLUS, SAMRAT, ULTIMATE, CHETAK, PSC, MULTICEM, and CONCRECEM.
10. JSW Cement Ltd.
With a current capacity of 17 MTPA, JSW Cement is the top green cement manufacturer in India. It has several manufacturing units, among others, at Vijayanagar, Karnataka; Nandyal; Salboni; West Bengal; Jajpur; Odisha; Dolvi; and Fujairah, United Arab Emirates. A 1.36 MTPA clinker unit project to be developed in Sundergarh, Odisha, is currently receiving over 1,500 crores of investment from their affiliate, Shiva Cement. A 1 MTPA grinding unit as well as associated facilities are being put up as part of the project.
written by Varsha
