Swot Analysis Of Cement

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Political The political influence on this industry is fairly high. • Tax policies, power • Tariffs • Royalty • Cess. The price of cement is primarily controlled by the coal rates, power tariffs, railway tariffs, freight, royalty and cess on limestones. All this is controlled by the government in India. Example- States like Haryana offer a freeze on power tariff for 5 years, while Gujarat offers exemption from electric duty. Economic Economic factors play a huge role as these factors are determinants of an economy’s performance that directly impacts this industry and have resonating long term effects. Currently the economic factors favour cement industry. • Economic growth patterns- • Rise in infrastructure & housing projects • Growth of…show more content…
The cement industry has both organised(well-known cement manufacturing industries) as well as unorganised sector(regional and local cement-producing). Indian consumers prefer buying branded products like Ultratech, Jaypee etc. Expected to create another 25 lakh jobs in the next 4-5 years. Technological An improvement of the technology pertaining to the cement industry will lead to decrease in costs and higher profits for the industry and also a chance to compete with the global brands and capture their share in the world market. Favourable signs visible in India right now. • Technological innovations • Research and development Cement industry has made tremendous strides in technological upgradation and assimilation. Presently around 93% of the total capacity in the industry is based on modern and environmentally- friendly dry-process technology. The government plans on acquiring new technologies from the cement industry of Japan. Environmental The availability of raw materials is the basic building block for the industry and its existence/growth depends on timely and cost-efficient delivery of raw materials. India faces slightly skewed distribution of resources needed for cement production. • Availability of raw…show more content…
• Laws which need to be adhered to for setting up a company in the industry. The cement industry is one among the highly polluting 17 category industry and require consent for establishment and operation under Water (Prevention & Control of Pollution) Act, 1974 and Air (Prevention & Control of Pollution) Act, 1981. However, it is the umbrella Act of Environment Protection Act, 1986 which brought Environmental Standards and the EIA Notification, 1994 brought Cement under its purview and mandate Environmental Clearance (EC) by Ministry of Environment & Forests, Government of India before any approval by state or

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