Prefab concrete - the next sunshine industry
Indian Cement Review will be completing its 25 years of publication this August. On the eve of this milestone a Round Table Discussion will be held in Mumbai on 10th June.
The Round Table Discussion will focus on the most pressing issue facing the cement industry. The industry is going through a rough patch as the capacity build up was in excess of demand in the past 2-3 years. Surprisingly, prices have been moving northward despite weaker demand. The industry will further add about 300 million tonne of capacity in the coming 3-4 years, taking the total capacity to 600 million tonne by 2015.
At this level, many questions arise with regards to the demand, supply chain management, equipment supplies, human resources, export market. Thus, the "Round Table Discussion" will seek answers to many of these questions and bring about the needed consensus among key players in the industry. The participants are largely from cement and related industry like logistics, user industry, government officials, etc.
To commemorate the completion of 25 years, Indian Cement Review will publish the Silver Jubilee issue in August, highlighting the major developments in cement industry in the past 25 years, what shape the industry will assume in next five years and views and perceptions of industry captains on various aspects of cement industry.
The current issue covers an in depth analysis of cement prefabricated component industry in India. The industry in its nascent stages with annual business of Rs 2,000 crore, is fast catching attention of builders and construction companies. And even a fraction of upcoming investment in real estate and infrastructure projects is spent in using prefabs would add about Rs 20,000 crore of business to the industry in next five year, multiplying 10 times. However, much would depend on quality of products offered, supplying products as per specifications and timely delivery as these project developers are time and cost conscious.