The Cement Industry:
The organisation of the cement in dustry in India improved with the amalgamation of ten large producers into the Associated Cement Company of India Ltd. in 1936. This enabled the industry to improve both the technique of production and the marketing arrangement. At that time, the other big player in the industry was the Dalmia group controlling a number of cement companies.
This group, however, remained outside ACCI cartel. During the Second World War, the demand for cement declined partly because of increased demand for steel, which is a complementary material particularly for construction, was in short supply. However, exports of cement were arranged and this enabled to maintain production at a very high level. Thus, the growth of the cement industry during the wartime was primarily driven by foreign demand. The domestic demand for cement increased only in the period after the war with the. upsurge in construction activities. On the eve of the Independence, production of cement exceeded 20 lakh tons a year.
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