
Which is the largest cement producing state in India?
a. Andhra Pradesh
b. Rajasthan
c. Gujarat
d. Tamil Nadu
Answer
569.1k+ views
Hint:
Cement is a material which has adhesive and cohesive properties and has the ability to bind materials such as bricks, building blocks, stones, etc. India is the second-largest cement producer in the world. The cement sector in India is expected to witness positive growth in the upcoming years.
Complete step by step solution:
India’s cement industry is an important part of its economy. Since it was deregulated in $1982$ , the Indian cement industry has attracted a huge level of investment, both from India as well as foreign investors.
The Indian cement industry growth in value at compound annual growth rate (CAGR) of $13.14\% $ during the period $2007 - 2011$ .the project to grow at a CAGR of $10.64\% $ over the forecast period $2012 - 2016$ .
Factors affecting the cement industry:
Economic scenario
Cost structure and competitiveness
Legal, regulatory and environmental scenario
Technological advancement
Geographic advantages
Andhra Pradesh is the largest cement producer. Production of Andhra Pradesh of about $37.52$ million tons in the period $2008 - 2009$ , which is about $17.12\% $ of all India production. In India, Major cement companies are ACC Ltd, Ambuja cement, ultra tech cement, the Indian Cements Ltd, etc.
Hence, the correct answer is option A.
Note:
In India, there are $210$ large cement plants, its production capacity of about $410$ MT. CAGR means compound annual growth rate. China is the largest producer of cement in the world, its production of about $2,500$ million metric tons (on the basis of $2014$ ), whereas India’s production of about $280$ million metric tons.
Cement is a material which has adhesive and cohesive properties and has the ability to bind materials such as bricks, building blocks, stones, etc. India is the second-largest cement producer in the world. The cement sector in India is expected to witness positive growth in the upcoming years.
Complete step by step solution:
India’s cement industry is an important part of its economy. Since it was deregulated in $1982$ , the Indian cement industry has attracted a huge level of investment, both from India as well as foreign investors.
The Indian cement industry growth in value at compound annual growth rate (CAGR) of $13.14\% $ during the period $2007 - 2011$ .the project to grow at a CAGR of $10.64\% $ over the forecast period $2012 - 2016$ .
Factors affecting the cement industry:
Economic scenario
Cost structure and competitiveness
Legal, regulatory and environmental scenario
Technological advancement
Geographic advantages
Andhra Pradesh is the largest cement producer. Production of Andhra Pradesh of about $37.52$ million tons in the period $2008 - 2009$ , which is about $17.12\% $ of all India production. In India, Major cement companies are ACC Ltd, Ambuja cement, ultra tech cement, the Indian Cements Ltd, etc.
Hence, the correct answer is option A.
Note:
In India, there are $210$ large cement plants, its production capacity of about $410$ MT. CAGR means compound annual growth rate. China is the largest producer of cement in the world, its production of about $2,500$ million metric tons (on the basis of $2014$ ), whereas India’s production of about $280$ million metric tons.
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