There are a number of players prevailing in the cement industry in India. However, there are around 20 big names that account for more than 70% of the total cement production in India. The total installed capacity is distributed over around 129 plants, owned by 54 major companies across the nation.
Following are some of the major names in the Indian cement industry:
Company - Production - Installed Capacity
ACC - 17,902 - 18,640
Gujarat Ambuja - 15,094 - 14,860
Ultratech - 13,707 - 17,000
Grasim - 14,649 - 14,115
India Cements - 8,434 - 8,810
JK Group - 6,174 - 6,680
Jaypee Group - 6,316 - 6,531
Century - 6,636 - 6,300
Madras Cements - 4,550 - 5,470
Birla Corp. - 5,150 - 5,113
Mergers and Acquisitions in Cement Industry in India
* UltraTech Cement is going to absorb its sister concern Samruddhi Cement to become biggest cement company in India.
* World's leading foreign funds like HSBC, ABN Amro, Fidelity, Emerging Market Fund and Asset Management Fund have together bought 7.5% of India Cements (ICL) at a cost of US$ 124.91 million.
* Cimpor, a Cement company of Portugal, has bought 53.63% stake that Grasim Industries had in Shree Digvijay Cement.
* French cement company Vicat SA bought 6.67% share of Sagar Cement at a cost of US$ 14.35 million.
* Holcim now holds 56% stake of Ambuja Cement. Previously it held 22% of stake. The company utilized various open market transactions to increase its stakes. It invested US$ 1.8 billion for that.
Source: http://business.mapsofindia.com/cement/
Following are some of the major names in the Indian cement industry:
Company - Production - Installed Capacity
ACC - 17,902 - 18,640
Gujarat Ambuja - 15,094 - 14,860
Ultratech - 13,707 - 17,000
Grasim - 14,649 - 14,115
India Cements - 8,434 - 8,810
JK Group - 6,174 - 6,680
Jaypee Group - 6,316 - 6,531
Century - 6,636 - 6,300
Madras Cements - 4,550 - 5,470
Birla Corp. - 5,150 - 5,113
Mergers and Acquisitions in Cement Industry in India
* UltraTech Cement is going to absorb its sister concern Samruddhi Cement to become biggest cement company in India.
* World's leading foreign funds like HSBC, ABN Amro, Fidelity, Emerging Market Fund and Asset Management Fund have together bought 7.5% of India Cements (ICL) at a cost of US$ 124.91 million.
* Cimpor, a Cement company of Portugal, has bought 53.63% stake that Grasim Industries had in Shree Digvijay Cement.
* French cement company Vicat SA bought 6.67% share of Sagar Cement at a cost of US$ 14.35 million.
* Holcim now holds 56% stake of Ambuja Cement. Previously it held 22% of stake. The company utilized various open market transactions to increase its stakes. It invested US$ 1.8 billion for that.
Source: http://business.mapsofindia.com/cement/
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