Synopsis
The Indian cement industry is crowded with multiple players trying to survive in cut-throat competition. The top 5 players in the industry are UltraTech Cement, Shree Cement, ACC Ltd, Ambuja Cements and Dalmia Bharat. These players together have a capacity of over 270 million tonnes per annum (MTPA). Let us look at the top 5 players in the Indian cement industry.
Energy costs form a significant part of the expense for cement manufacturers. One of the strengths of Shree Cement has been its ability to keep energy cost much lower than other players. Is this moat sustainable in the long term and will it help Shree maintain its market share as competitive intensity increases in this sector?The Indian cement industry is crowded with multiple players trying to survive in cut-throat competition. The top 5
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