Analysis of Degree of Global Competitiveness: A Case on Cement Industry
In this paper, we want to measure the extent of global competition in cement industry, a core industry for developing economic infrastructure for a nation. Over the years, the demand for cement in real estate, infrastructure and industry expansion projects are increasing. This paper, analyses the global competitive data on cement producing countries with the help of time series analysis to predict the future direction. The result shows a significant decrease of the degree of competition of cement producing countries, but the performance of India is significantly increasing. Though, the Indian cement industry has some multinational giant firms, but broadly it is home grown. So, increasing market share of Indian cement has an opportunity for cement producing companies in India.
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