Is cement retailing profitable?
Cement Business is very lucrative there are different ways of doing this business. You can be a distributor, sub-distributor or retailer. Distributors earn their income from monthly commission they get from the number of trailers they sell per month. There are secrets in every business but then you should be smart too.
How much profit does a bag of cement make?
Binani Cement MD Vinod Juneja said, “Dealers get an average commission of Rs 5-7 per 50kg bag of cement.
How can I buy cement directly from a company?
PPC Cement Tradologie.com offer bulk cement from all the India’s leading cement manufacturers. Customers are provided Direct Access to the Company Executive through the Platform who provide Cement Prices on the Custom Requirements of the Buyer through a Reverse Bidding mechanism.
Which cement is best in India?
UltraTech Cement
Top 10 Best Cement In India As Per Market Cap
| Sr. No | Cement Company | Market Cap In Cr. |
|---|---|---|
| 1 | UltraTech Cement | 211,716.00 |
| 2 | Shree Cement | 101,354.61 |
| 3 | Ambuja Cement | 76,060.14 |
| 4 | Dalmia Cement | 42,146.35 |
How do I open a cement shop?
It will depend on the demand in your area and the proximity of the other existing dealer. You will require making an initial investment between Rs 50,000 to 5 lakhs as a security deposit and other requirements to the company, based on the brand you pick up.
How do I start a cement business?
Step-by-step process to Start a Cement Factory
- Make a proper plan and analysis of cement factory.
- Prepare a budget estimate based on your cost benefit analysis.
- Select the market or region which you want to target.
- Select location for good raw material supply.
- Understand the cement manufacturing process.
Is cement dealership profitable in India?
Typically, cement dealers have a margin of around 8-10% on the retail price sold to end-consumers. Another cement dealer remarked since manufacturers have to sell their product, they cannot cut down much on the dealer margins.
What is the profit margin in cement dealership?
around 8-10%
While the price at which dealers get cement from the manufacturers remains fixed, the price at which they sell it to builders, contractors and individuals is left to the discretion of dealers. Typically, cement dealers have a margin of around 8-10% on the retail price sold to end-consumers.
What is the cost of 1 bag of cement in India?
Questions & Answers on UltraTech Cement
| Packaging Type | Min Price | Max Price |
|---|---|---|
| HDPE Bags | Rs 340/Bag | Rs 405/Bag |
| Sack Bag | Rs 330/Bag | Rs 390/Bag |
How can I start a cement business?
How can I get steel dealer TMT?
Who can Be a Distributor?
- Past Experience in Steel Industry/Distribution.
- Minimum Investment of 50 Lacs.
- Registered Firm in sale tax.
- Full Time involvement in Business.
Which is the best way to start a cement dealership?
Therefore, it is one of the best idea to start a cement dealership business. The first step is to select the brand of the cement, you want to start for dealership business. Then contact the cement company to get the direct agency. You can take dealership of more than one cement company.
What are the benefits of starting a cement business?
BENEFITS: A good cement business will deliver revenue and ROI from day one. Even more, the right cement business acquisition can place you in a market leadership position from your first days as a business owner. DRAWBACKS: However, purchased companies can also come with pre-existing challenges and/or liabilities.
What kind of work can you do with cement?
Infrastructures are being erected and cement is a fundamental material for construction work such as bridges, roads, houses, monuments, etc. b.
What is the outlook for the cement industry?
As you might expect, cement industry sales are closely tied to the fortunes of the construction trade. When new home constructions dip, so does the demand for cement. But in general, the industry outlook for cement is good, especially for startups that are capable of providing reliable service at a competitive price.
