Cement demand to grow by 8 per cent in FY2020
Cement

Cement demand to grow by 8 per cent in FY2020

The demand for the domestic cement market is expected to grow by 8 per cent this fiscal, thus pushing the capacity utilisation to 71 per cent from 65 per cent in FY2018, as per ICRA’s report. The domestic cement production rose by around 13 per cent between April 2018 and Febr...

The demand for the domestic cement market is expected to grow by 8 per cent this fiscal, thus pushing the capacity utilisation to 71 per cent from 65 per cent in FY2018, as per ICRA’s report. The domestic cement production rose by around 13 per cent between April 2018 and February 2019 as compared to 6 per cent YoY growth in FY2018.

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