Cement has been one of the most important contributors to India’s economic growth. A proof to that is the stature of being the second largest producer of cement in the world. The industry has a
ll together attracted huge investments since its deregulation in 1982. The basket of investors has been a mix of national and foreign ones.
How has it helped the Nation?
India has been one of the rising nations of world in the last decade. This has led to huge infrastructure developments in the country, coupled with foreign investments, increase in GDP etc. Construction would never stop and plans like making of several smart cities, make in India campaigns are surely giving a boost to the economy further. But, what does it mean for the Cement industry? Our cement industry will make the country stunning & smart and we would not depend on anybody to support us in the raw materials or technology required to make all these developments. At least, when it comes to cement, we are assured that the second largest producer of cement will make itself beautiful through its own hands, using its own Cement companies to make the country more beautiful.
Wonder Cement’s growth
The company already has two cement plants in the state of Rajasthan with plans set to open a third production line soon. The current manufacturing plants have a capacity to produce 6.75 million tons a year. These plants have been setup with technical collaboration of ThyssenKrupp and Pfeiffer Ltd. of Germany. Wonder Cement produces OPC and PPC varieties of cement giving high consideration to technology and follows international standards during manufacturing.
The company sees a dream to provide the nation and its people a better place to live & work.
What lies ahead?
According to reports from Department of Industrial Policy and Promotion(DIPP), products like cement and gypsum got a FDI of 109 billion US dollars in between 2000 and 2016. The growing demand and the requirement to expand the capacities would further attract more investments and take the cement industry to the next big step.
Wonder Cement, one of the top cement companies in India would in parallel continue to grow with its smart thinking and give the Nation a perfect beginning to a bright future.
