Want to set up a cement factory in India? Here are the key factors one should consider
It is obvious that setting up a cement factory can be very lucrative. Though India is the second largest cement manufacturer in the world, setting up a cement factory in India can turn out to be the biggest pain in your head because it involves a lot of investment, research, careful planning, and manpower. This is done to set up the factory in a perfect location and can produce a high quality product that meets market demand. So if you are considering setting up a cement factory in India, here are the key factors you should keep in mind. 1. Market research and demand Before making any plan for setting up a cement company, it is important to know about the competition and understand the demand for cement in a particular area. It does not matter how creative your mind is or how good your product is if you set up your company where there is no demand. Properly analyze the market size, competitors, buying behaviour, current challenges, and potential problems. 2. Location To increase the ...