“Sakthivel Mines Private Limited specializes in excavating and refining minerals for construction uses, including rough stones and aggregates for building foundations, walls, beams, and more. The company also supplies high-quality building materials like cement, blocks, concrete tiles, paver blocks, and bricks across India and internationally, catering to contractors and industry clients with tailored products.
Deliver sustainable, high-quality construction materials, enhancing infrastructure with innovative solutions.
Lead in the construction materials industry through excellence, customer satisfaction, and global expansion.
Navigating complex and everchanging environmental regulations to ensure lawful mining and production processes.
Managing the sustainable extraction and conservation of natural resources to prevent depletion.
Maintaining consistent quality across all products, especially as production scales up.
Staying competitive in a market with both local and international players offering similar products.
Ensuring efficient logistics for the distribution of heavy and bulky materials to various construction sites, often over large distances.
Keeping pace with technological advancements in mining and construction materials to enhance efficiency and reduce costs.
Offers a wide range of construction materials, including cement and aggregates, ensuring high-grade supply for all projects.
Provides custom solutions like designer tiles and special blocks to meet unique construction demands.
Implements strict quality control measures to maintain superior product standards and durability.
Prioritizes eco-friendly mining and production processes to minimize environmental impact.
The global construction materials market size was valued at USD 1,320.01 billion in 2023 and is projected to grow from USD 1,369.86 billion in 2024 to USD 1,867.16 billion by 2032, exhibiting a CAGR of 3.9% during the forecast period. Asia Pacific dominated the construction materials market with a market share of 48.44% in 2023.
• In India, the Hardware & Building Materials market generates a substantial revenue of INR US$160.90bn in 2024.
• It is projected to experience a steady annual growth rate of 1.64% (CAGR 2024-2028).
Diverse Product Range:
Offers a wide array of construction materials from rough stones to designer tiles.
High-Quality and Competitive Pricing:
Known for quality products at affordable rates.
Operational
Complexity:
Managing
a diverse product line
can complicate logistics
and quality control.
High Market
Competition:
Operates
in a highly competitive
sector.
Market Expansion:
Potential for growth in
new domestic and
international markets.
Technological Advancements:
Opportunity to integrate
more advanced
technologies to enhance
efficiency.
Regulatory Changes:
Mining and
environmental
regulations could affect
operations.
Economic Downturns:
Sensitivity to economic
shifts, especially in the
construction sector.