Binani Cement, Shree Cement and Dalmia Cement are among the new players who have plans to get into RMC business in one to five years.
"We are studying the viability aspect and hope to get into it in the next 18 months. It has a good future in India and we plan to foray organically with our own set up," said Vinod Juneja, managing director, Binani Cement.
The company already has RMC unit at its Dubai plants. So with that expertise it would be easier for us to start our RMC business in the country, he said.
At a time when RMC, which constitutes not more than 3-4 per cent of total cement sales in the country, is expected to grow at 25 per cent per annum, cement manufacturers do not want to miss the opportunity. Foreign players