How much money do I need to start a cement factory?

How much money do I need to start a cement factory?

You will require making an initial investment between Rs 50,000 to 5 lakhs as a security deposit and other requirements to the company, based on the brand you pick up. Usually, these companies will return this money to you with an applicable bank interest.

What materials does cement industry require?

The most important raw materials for making cement are limestone, clay, and marl. These are extracted from quarries by blasting or by ripping using heavy machinery.

Which boiler is used in cement industry?

One cement kiln line requires 2PH boiler and 1 AQC boiler. These boilers, based on heat source, generate Medium Pressure (MP) steam of 12 Ata to 18 Ata at temperature of 340 to 450 degree Celsius and low pressure (LP) steam of 2 Ata to 3 Ata pressure and temperature of 175 to 195 degree Celsius.

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What is the margin in cement industry?

Cement prices are expected to remain stable in fiscal 2021 after high volatility seen this fiscal, said Crisil.

What is the profit margin in cement?

Typically, cement dealers have a margin of around 8-10\% on the retail price sold to end-consumers.

How do I set up a cement manufacturing industry?

You don’t set up a Industry. On that note, starting a cement manufacturing business requires serious time, energy, and capital investment. Ideal start for the same could undertaking a “Feasibility Analysis” exercise, not just in terms of market attractiveness but also in terms of availability of resources to produce cement.

How to choose the right raw materials for your cement project?

Determine the type of cement you want or can produce and the raw materials available in your region. Is it necessary to import raw materials? Common materials include limestone, shells and chalk, clay, slate, silica sand and iron ore. You need to secure enough limestone so that you have reserves for at least 30 years.

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What can we expect from the cement market in FY21?

For FY21, CLSA expects a 14\% YoY increase in EBITDA in the cement market for its coverage stocks. According to the data released by Department for Promotion of Industry and Internal Trade (DPIIT), cement and gypsum products attracted Foreign Direct Investment (FDI) worth US$ 5.87 billion between April 2000 and March 2021.

What are the factors affecting the cement industry in India?

A significant factor which aids the growth of this sector is the ready availability of raw materials for making cement, such as limestone and coal. India’s overall cement production accounted for 294.4 million tonnes (MT) in FY21 and 329 million tonnes (MT) in FY20.