Understanding How The Indian Cement Industry Works
Cement is a capex Heavy Business. The ROAs of a cement plant is close to 1. So a Cement plant with 5000 Crores of Capex can typically do a turnover of 5000 Crores only. Hence it is important, that not only does the company set up a plant in the best market (which offers best prices), it should also ensure that cost of setting up the plant is ...