Cement is one of the most essential building materials used in construction. It is produced by grinding
limestone,
clay, and other materials to produce a fine powder, which when mixed with water, hardens to form concrete. The construction boom in both
residential and
commercial projects has fueled a constant demand for cement.
Scalability & Profitability
The cement industry is highly scalable, driven by the growth in construction and infrastructure projects. Profit margins in the cement industry range from
10% to 20% depending on the cost of raw materials, energy consumption, and market demand.
Eligibility Criteria
- Facility Setup: Requires a cement plant equipped with crushers, kilns, and grinding mills.
- Environmental Compliance: Cement production involves high energy consumption and emissions, so it must meet strict environmental regulations.
Where You Can Apply for Subsidies
- MSME Schemes: Assistance for machinery setup, raw material procurement, and working capital.
- Energy Efficiency Financing: Financial support for adopting energy-efficient technologies in production.
Project Cost & Subsidy
The cost for setting up a cement manufacturing unit typically ranges from
INR 1 Crore to INR 5 Crores, with subsidies available up to
25% of the total project cost.
To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!
