Cementing a Strong Foundation: Discover the Top 10 Cement Companies in India

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Fueled by the robust growth of India's real estate sector, the cement industry stands out as a highly lucrative domain. The expansion of the domestic real estate market has paved the way for significant gains, positioning the cement industry as one of the most profitable sectors in the nation. Notably, the momentum is set to continue as the Indian cement industry gears up to bolster its capacity by an impressive 80 million tonnes (MT) by the fiscal year 2024, as indicated by Crisil Ratings. In view of this promising landscape, it comes as no surprise that Aquire Acres presents a comprehensive compilation of the top 10 cement companies in India. This compilation serves as an invaluable resource, offering insights into the industry's leading players, their production capacities, and their pivotal contributions to India's infrastructural progress.

With a remarkable tally of more than 200 cement production units alongside 360 smaller units, India proudly holds the distinction of being the second-largest producer and consumer of cement on a global scale. This position underscores the nation's pivotal role in the cement industry worldwide. The trajectory of cement production within the country appears poised for a significant surge, with a projected year-on-year growth of 12 percent. This anticipated expansion can be attributed to the surging demand for housing in rural regions as well as the government's resolute emphasis on bolstering infrastructure development, according to insights from ICRA Ltd. As the narrative of growth in India's cement sector continues to unfold, delving into the realm of the top cement companies becomes increasingly insightful. These companies play a pivotal role in shaping India's progress story within the cement domain. In this context, a closer exploration of the top 10 cement companies in India is both enlightening and valuable, providing a comprehensive understanding of the industry's leading players and their instrumental contributions to India's cement landscape. Top 10 cement companies in India

Top 10 cement companies in India

Here are the top 10 cement companies in India that are catering to the demand for cement in real estate, infrastructure, and allied fields:

Brand Name

Production Capacity (MTPA)

Cost per 50 kg bag

UltraTech Cements 116.75 Rs 320- 350
ACC Cements 33.05 Rs 370 - 475
Ambuja Cements 29.65 Rs 360 - 410
Binani Cements 11.25 Rs 275 - 350
Birla Cements 20 Rs 295 - 335
Dalmia Cements 41.1 Rs 380 - 450
Ramco Cements 21 Rs 360 - 480
India Cement 15.5 Rs 375 - 410
Heidelberg Cements 14 Rs 275 - 330
JK Cement 20 Rs 275 - 340

Ultratech Cement

Ultratech Cement, a prominent entity within the Aditya Birla Group, commands a significant presence as a building materials powerhouse with a substantial market value of $7.1 billion. The current market capitalization of Ultratech stands at an impressive Rs 2.24 trillion. Positioned as a leader within the industry, Ultratech Cement holds the distinction of being the largest manufacturer of grey cement, ready-mix concrete, and white cement in India. The scope of Ultratech's influence extends to a remarkable 116.75 million tonnes per annum (MTPA) of cement-producing capacity within a single nation. The company's operations encompass a wide geographical expanse, spanning across India, the UAE, Sri Lanka, and Bahrain. As a cornerstone of the cement sector, Ultratech Cement's strategic footprint and significant capacity solidify its stature within the list of top 10 cement companies in India.

ACC

Established in the year 1936, ACC stands as a notable player in the cement industry with its headquarters situated in Mumbai. Presently, the company boasts a substantial market capitalization of Rs 43,402 crores. ACC's manufacturing portfolio encompasses a diverse range, including 14 varieties of cement and 30 different types of concrete mixes. With a strategic presence, ACC operates through a network of 17 manufacturing units and 85 ready-mix concrete plants, ensuring a significant market reach. In a pivotal development, the year 2022 marked a significant milestone for the company as it joined forces with the Adani Group. This rich tapestry of achievements and contributions solidifies ACC's position as a key contender within the top 10 cement companies in India, underlining its legacy and continued relevance in the industry.

Ambuja Cements

As a proud member of the esteemed Adani Group, Ambuja Cements assumes a significant role as a major player within India's cement landscape. Commencing its operations in the year 1986, Ambuja Cements has emerged as a prominent entity with a notable presence. The company boasts a network comprising eight cement grinding units and five integrated cement manufacturing plants, collectively contributing to an impressive production capacity of 33.05 million tons. In terms of financial stature, Ambuja Cements commands a robust market capitalization of Rs 337.51 billion, underscoring its prominence within the industry. This amalgamation of operational excellence, strategic partnerships, and substantial production capabilities solidifies Ambuja Cements' position as a significant contender within the list of top 10 cement companies in India.

JK Cement

Renowned as a prominent player within the Indian cement industry, JK Cement holds a distinctive position as a significant grey cement manufacturer on the domestic front and a prominent global player in the realm of white cement production. Boasting an impressive installed capacity of 20 million tonnes per annum (MTPA) for grey cement, JK Cement has secured its place among the top cement manufacturers in India. The reach of JK Cement extends beyond national borders, with its products finding a home in approximately 43 countries worldwide. Moreover, the company takes the lead in introducing wall putty to international markets, further enhancing its stature as a trailblazer within the industry. With a market capitalization of Rs 246.18 billion, JK Cement's legacy of excellence and innovation cements its place within the top 10 cement companies in India.

Ramco Cements

Ramco Cements, with its headquarters based in Chennai, emerges as a pivotal player within India's cement industry, earning a distinguished reputation as one of the nation's largest cement producers. Recognized for its exceptional quality, Ramco Cements stands as a preferred choice among cement brands, particularly in the southern and eastern regions of India. The company's footprint encompasses a robust network of approximately 13 plants and clinker units, reflecting its widespread operational reach. Ramco Cements operates with a formidable production capacity of 21 million tonnes per annum (MTPA), positioning itself as a pivotal contributor to the country's cement production landscape. In light of its extensive presence and influential role, Ramco Cements solidifies its standing among the top 10 cement companies in India, emblematic of its enduring legacy and continued impact within the industry.

Binani Cements

Binani Cement, serving as the flagship entity of the esteemed Braj Binani Group, commands a significant presence within the cement industry. Bolstering its international influence, Binani Cement extends its reach through subsidiaries located in Dubai (Binani Cement Factory LLC) and China (Shandong Binani Rongon Cement Company Ltd.). This strategic expansion positions the company as a premium producer and supplier of cement and clinker on a global scale. Renowned as a pivotal player among the top cement companies in India, Binani Cement stands out with an impressive global manufacturing capacity of 11.25 million tonnes per annum (MTPA). This substantial capability underscores the company's pivotal role within the industry. Generating a commendable revenue of Rs 18,722 million, Binani Cement's enduring legacy, expansive global footprint, and significant contributions further cement its position within the list of top 10 cement companies in India.

Birla Cements

Birla Corporation Limited, proudly representing the flagship entity of the esteemed M.P Birla Group, embarked on its journey as a jute manufacturing company. Over time, its trajectory diversified, leading to expansion across various sectors of business. Notably, by 1998, the company pivoted to establish cement manufacturing as its core business domain. A pivotal milestone in the company's evolution was the acquisition of 100 percent shares of Reliance Cement Company Private Limited in 2016. This strategic move provided Birla Corporation Limited with access to premium assets, positioning it as a significant contender within the industry. With an unwavering focus on cement manufacturing, Birla Corporation Limited currently boasts a commendable total production capacity of 20 million tonnes per annum (MTPA). This strategic expansion and consolidation of assets propel Birla Corporation Limited's standing within the list of top 10 cement companies in India, signifying its enduring legacy and influential role within the sector.

Dalmia Cements

Distinguished as a prominent industry player, the company assumes a pivotal role as a leading manufacturer of construction materials. It not only supplies and markets cement and cement products for diverse applications, including airstrips, railway sleepers, and oil wells, but also excels in a multifaceted array of endeavors. Beyond its core cement enterprise, the group actively engages in diverse sectors such as renewable energies, sugar production, refractories, and more. This dynamic range of activities underscores the company's versatility and expansive reach, allowing it to make notable contributions across various industries. Such diverse involvement signifies the company's significant influence and multifarious contributions, solidifying its position among the top 10 cement companies in India.

India Cements

The India Cements Limited stands as another influential frontrunner within the cement industry's landscape. Established in 1946, the company embarked on a diverse journey that encompassed forays into multiple sectors, spanning aluminium, chemicals, shipping, and plastics. Notably, the company's origins were marked by a forward-looking approach, which eventually led to its remarkable growth trajectory. By 1989, The India Cements Limited operated two plants, collectively yielding a capacity of 1.3 million tonnes per annum. However, the subsequent two decades witnessed an impressive surge in growth. Today, the company commands a robust manufacturing capacity of 15.5 million tonnes per annum (MTPA). This evolution underscores The India Cements Limited's remarkable journey and its unwavering commitment to cement excellence. This influential presence cements its stature among the top 10 cement companies in India, exemplifying its enduring legacy and pivotal contributions to the industry.

Heidelberg Cements

HeidelbergCement made its entry into the Indian market in 2006, positioning itself ahead of the curve compared to its counterparts in the cement industry. Its early presence enabled the company to lay a strong foundation in the country's market. Notably, through strategic acquisitions including former Mysore Cement, Cochin Cement, and Indorama Cement, HeidelbergCement significantly expanded its business footprint in India. The company's trajectory of growth was propelled by its Central India operations, leading to a substantial increase in its overall capacity. The leap from 2.3 million tonnes to 5.5 million tonnes per annum was a notable milestone, achieved in 2016. This robust expansion trajectory culminated in HeidelbergCement now boasting an impressive production capacity of 14 million tonnes per annum (MTPA). The company's exponential growth has secured its position among the top 10 cement companies in India, underscoring its influential role and significant contributions within the sector.

Elements to consider while purchasing cement

A "foundational" phase in the process of building a home is selecting the best cement. Since cement accounts for a significant portion of construction costs, it is essential to consider all relevant factors before selecting a cement brand. Therefore, before choosing the best option from the many available options, the following aspects need to be taken into account.

Grade

There are two grades of cement: grades 43 and 53. Although Grade 53 is known to set more quickly than Grade 43, the quick setting time results in microcracking. As a result, it is applied to early-stage projects requiring high strength, including high-rise buildings. Grade 43 cement, on the other hand, is renowned for being more robust and less prone to micro-cracking. For civil engineering building tasks including flooring, plastering, and brick masonry, Grade 43 cement is typically the best option.

Manufacturing date

The durability of cement naturally diminishes with the passage of time, underscoring the importance of a vigilant approach. Thus, it becomes imperative to meticulously inspect the expiry date of the product before making a purchase. Cement that approaches its expiration date may exhibit the formation of undesirable lumps, which in turn can adversely affect the construction process. This prudent consideration ensures that the cement utilized in construction retains its optimal qualities, facilitating a seamless and efficient construction endeavor. Amidst the influential backdrop of the top 10 cement companies in India, this vigilance serves as a cornerstone in ensuring the quality and longevity of construction projects.

Smoothness 

It is essential to guarantee the cement's smoothness. The product must be a fine powder without any granular lumps. It ought to feel comfortable in the hand. If there are sharp lumps in the cement, moisture can be present.

Types of cement

Cement not just comes in different packaging but is also of different types. Here is the list on different types of cement
  • Ordinary Portland Cement (OPC)
  • White cement 
  • Portland slag cement 
  • Sulphate resisting cement 
  • Portland pozzolana cement
  • Low heat Portland cement 
  • Rapid hardening cement
  • Blast furnace slag cement
  • Rapid hardening cement
  • Quick setting cement
  • High alumina cement
  • Coloured cement
  • Expansive cement
Top 10 cement companies in India

Which are the largest cement producers in India?

Here are the top cement producers in India-

Brand Name

Production Capacity (MTPA)

Cost per 50 kg bag

Dalmia Cements 41.1 Rs 380 - 450
JK Cements 20 Rs 275 - 340
Birla Cements 20 Rs 295 - 335
India Cements 15.5 Rs 375 - 410
UltraTech Cement 116.75 Rs 320- 350
Ambuja Cements 29.65 Rs 360 - 410
Shree Cements 20.30 Rs 315- 450
ACC Cement 33.05 Rs 370 - 475
Jaypee Cements 10.55 Rs 290 - 400
Ramco Cements 21 Rs 360 - 480
Nuvoco Cements 23.8 Rs 320 - 345

Dalmia Cement

Founded in the year 1939, Dalmia Cement emerges as a formidable presence within the Indian cement industry. Anchored in New Delhi, the company commands a substantial manufacturing capacity of 41.1 million tonnes per annum (MTPA), reaffirming its position as one of the nation's largest cement manufacturers. Distinguished for its exceptional offerings, Dalmia Cement claims the distinction of being India's premier manufacturer of slag cement, Portland slag cement, and composite cement. This dynamic portfolio resonates with the evolving needs of the construction sector. As of now, Dalmia Cement's market capitalization stands at an impressive Rs 399 billion. This impressive trajectory cements its place among the top 10 cement companies in India, highlighting its sustained legacy of excellence, innovation, and influence within the industry.

JK Cement

Founded in 1975, JK Cement commenced its commercial production, solidifying its status as a significant contributor to India's cement industry. With its headquarters situated in Kanpur, JK Cement commands a prominent presence within the sector. Its operational reach encompasses two manufacturing units: Nimbahera and Mangrol, each playing a pivotal role in the company's growth journey. The company proudly sustains an annual production capacity of approximately 20 million tonnes per annum (MTPA), underscoring its sizeable contribution to India's cement production landscape. Central to its manufacturing focus is the production of ordinary Portland cement, available in multiple grades including 33-grade, 43-grade, and 53-grade. Positioned at the forefront of the industry, JK Cement's legacy, manufacturing prowess, and distinctive product offerings secure its place among the top 10 cement companies in India, reflecting its enduring influence and contributions.

Birla Corp

Originally established in 1919 as Birla Jute Manufacturing Company, Birla Corp stands as a distinguished name in India's industrial landscape. Through its evolution, the company has transitioned into the realm of cement manufacturing, assuming a significant role within the sector. Currently, Birla Corp's manufacturing prowess reflects a formidable capacity of 20 million tonnes per annum (MTPA), solidifying its position as a substantial contributor to the country's cement production. Birla Corp's product portfolio is a testament to its commitment to quality and variety. The company offers an array of products including ordinary Portland cement (OPC) in 43 and 53 grades, Portland Pozzolana cement (PPC) with a flash-based formulation, Portland slag cement (PSC), Sulphate resistant cement, and composite cement. This comprehensive lineup aligns with the diverse needs of the construction industry. As a cornerstone within the list of top 10 cement companies in India, Birla Corp's rich history, vast manufacturing capacity, and versatile product offerings epitomize its influential position and enduring contributions to the sector.

India Cements

India Cements, recognized as one of the trailblazers in the cement industry, holds a legacy of leadership and innovation. This company occupies a pioneering role by commanding a robust cement production capacity of 15.5 million tonnes per annum (MTPA). With a strategic focus on expansion and efficiency, India Cements boasts an extensive operational footprint. The company operates through a network of seven integrated cement plants located in Tamil Nadu, Telangana, and Andhra Pradesh, further solidifying its reach through a plant in Rajasthan via its subsidiary, Trinetra Cement Ltd. Additionally, the company operates two grinding units—one in Tamil Nadu and another in Maharashtra—showcasing its strategic distribution capabilities. The resonance of India Cements extends to its popular sub-brands: Raasi Gold, Sankar Cement, and Coromandel Cement. These sub-brands mirror the company's commitment to quality and customer satisfaction. As an illustrious presence among the top 10 cement companies in India, India Cements' pioneering spirit, expansive production capacity, and diversified operational presence underscore its significance and lasting contributions within the sector.

UltraTech Cement

UltraTech Cement Limited, under the ownership of the esteemed Aditya Birla Group, emerges as a key industry player headquartered in Mumbai. Distinguished by its magnitude and diversified offerings, UltraTech Cement Limited stands as India's premier manufacturer of white cement, grey cement, and ready-mix concrete (RM). The company's manufacturing prowess is nothing short of remarkable, boasting an impressive production capacity of 116.75 million tonnes per annum (MTPA). This extensive capacity underscores its position as the largest producer within India. A unique distinction lies in UltraTech's stature as the sole entity, aside from those in China, with a production capacity exceeding 100 million tonnes within a single nation. This notable achievement and industry-leading presence reinforce UltraTech Cement Limited's significance among the top 10 cement companies in India, epitomizing its comprehensive offerings, scale, and enduring contributions within the sector.

Ambuja Cement

Formerly recognized as Gujarat Cement Limited, Ambuja Cements assumes a pivotal role as a prominent Indian cement manufacturer. Renowned for its comprehensive offerings, Ambuja Cements extends its footprint both within the domestic market and across international borders, marketing clinker and cement. The year 2006 marked a significant milestone for Ambuja Cements, as it engaged in a strategic collaboration with Holcim, a prominent global player and the second-largest cement producer worldwide. This strategic partnership led to a substantial augmentation of Ambuja Cements' production capacity, culminating in the company's current standing with a production capacity of 26.65 million tonnes per annum (MTPA). This strategic synergy serves as a testament to Ambuja Cements' growth trajectory and its dynamic positioning within the industry. Amidst the landscape of the top 10 cement companies in India, Ambuja Cements' legacy, international reach, and strategic collaborations solidify its stature, signifying its influential presence and contributions within the sector.

Shree Cement

Founded in the year 1979 in Beawar, Rajasthan, Shree Cement emerges as a notable entity within the Indian cement landscape. The company's journey spans over four decades, during which it has evolved into one of the largest cement manufacturers in the northern region of India. Today, the company finds its headquarters situated in Kolkata, a testament to its wide operational reach. Shree Cement's influence extends beyond cement production, encompassing power generation as well. Within its diverse portfolio, Shree Mega Power and Shree Power stand as significant power generators within the company's operations. This multifaceted approach underscores the company's commitment to holistic growth and diverse contributions within various sectors. With an impressive annual turnover of Rs 12,555 crore, Shree Cement solidifies its standing as a notable industry player. Its remarkable production capacity of 20.30 million tonnes per annum (MTPA) attests to its substantial contributions to India's cement manufacturing landscape. Within the spectrum of the top 10 cement companies in India, Shree Cement's longstanding presence, operational diversification, and impressive capacities signify its enduring legacy and contributions to the industry.

ACC Ltd

ACC Limited, headquartered in Mumbai, holds a prominent position among Indian cement producers. As a subsidiary of Ambuja Cements and a member of the Adani Group, the company showcases a robust and widespread presence throughout the nation. ACC cement's significance extends to its role in shaping some of India's most prestigious projects, including the Mumbai-Pune expressway and the Bhakra Nangal Dam. Beyond its commendable project contributions, ACC cement sets itself apart through its proactive approach to environmental protection. Recognized as one of the early adopters of environmental preservation as a corporate objective, the brand signifies its commitment to sustainability and responsible practices. Within the ambit of the top 10 cement companies in India, ACC Limited's strategic collaborations, project engagements, and environmental stewardship underscore its influential stature within the industry. This comprehensive approach encapsulates ACC cement's enduring contributions and its legacy as a frontrunner in India's cement sector.

Jaypee Cements

The Jaypee Group emerges as a formidable player, commanding dominance within the cement sectors of Uttar Pradesh and Madhya Pradesh. With an illustrious legacy spanning over three decades, the group has consistently delivered high-quality cement products through its strategically positioned and intelligently designed cement plants. One of the key highlights of the Jaypee Group's cement offerings is the production of a distinctive blend known as Portland Pozzolana Cement. This unique blend is marketed under various brand names such as Buland, Jaypee Cement, Buniyad, and Master Builder, reflecting the group's commitment to diverse and specialized products. Recognizing the integral role of cement in construction and infrastructure projects, it's worth noting that the construction industry contributes significantly to the nation's GDP, with a share of seven percent. In an era of burgeoning infrastructure and housing development, the cement industry's growth has surged to meet the escalating demand. In this context, reliable cement producers hold pivotal importance. The data presented herein sheds light on trusted cement manufacturers, reaffirming their role in supporting India's development journey. As part of the spectrum of top 10 cement companies in India, the Jaypee Group's legacy, product diversity, and contributions within the sector underscore its influential position and contributions.

Ramco Cements

With its headquarters situated in Chennai, The Ramco Group emerges as a prominent and highly regarded commercial entity in the southern region of India. Led by its flagship company, Ramco Cements Limited, the group has cemented its legacy as an influential player within the industry. Notably, The Ramco Group stands out as one of the pioneers in adopting dry process kiln technology, showcasing its commitment to innovation and efficiency. Ramco Cements Limited, the cornerstone of The Ramco Group, assumes a significant role among India's top cement producers. Its formidable presence is further amplified by a substantial total production capacity of 21 million tonnes per annum (MTPA). This production capacity, combined with the company's early adoption of advanced technology, reinforces its influential standing within the industry. In the realm of top 10 cement companies in India, The Ramco Group's distinct approach, technological leadership, and substantial capacities reflect its enduring contributions and prominence within the sector.

Nuvoco Cements 

In the year 2014, Novuco Cement embarked on its operational journey with the establishment of a greenfield cement plant in the state of Rajasthan. Within a short span, the company exhibited remarkable growth and accomplishments. In 1999, Novuco Cement surpassed Lafarge India Limited, and in 2000, it surpassed Emami Cement, thereby ascending to the prestigious position of India's 5th largest cement producer. Underlining its prominence, Novuco Cement proudly boasts a substantial production capacity of 23.8 million metric tonnes per annum (MMTPA), securing its place among India's top-tier cement manufacturers. The company's commitment to sustainability is evident through its proactive initiatives. Novuco Cement's Alternative Fuel Resource project exemplifies this commitment, aiming to construct a sustainable ecosystem while significantly reducing carbon emissions and mitigating the impacts of climate change. Positioned within the echelons of the top 10 cement companies in India, Novuco Cement's rapid growth, sustainable practices, and noteworthy achievements underscore its influence and contributions within the industry, reinforcing its status as a significant player. [sp_wpcarousel id="8742"]

Frequently Asked Questions

Q. Which are the top cement companies?

A. Ultratech Cement, ACC, and Ambuja Cements are the top cement companies.

Q. Which is the biggest cement company in India?

A. ACC is the biggest cement company in India.

Q. Which cement company is Adani buying?

A. Ambuja Cements

Gautam Adani's Group has completed the acquisition of major Indian cement players, Ambuja Cements and ACC. The Group has now become the second largest cement player in the country.
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