[Special] Performance of Indian Cement Market in 2023

2024-01-22 13:39:47

In 2023, India's cement market demand and production continued to grow, the domestic urbanization process was further accelerated, and the investment in infrastructure remained unchanged.

India is the second largest cement producer in the world. There are a large number of high-quality limestone deposits all over the country. With the acceleration of urbanization in India, the rapid development of infrastructure and construction in India has led to the rapid growth of the cement industry in India.   Over the

years, India's cement production has been increasing. Industry insiders said that looking forward to the future, India's cement industry has enough optimism.

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On January 13, Tianshan Material Co., Ltd. announced that its subsidiaries at all levels were integrated into regional management companies by means of equity transfer/acquisition, transfer, capital increase/reduction and new establishment according to regional division. As of the disclosure date of this announcement, the Company has completed the internal business integration and structural adjustment.