Cement demand to pick up from mid-January

04 Jan 2023 CW Team

Average Pan-India cement prices have declined by 1% month-on-month (Rs 4/bag) in Dec-22, after witnessing gradual price hikes for the past three months. Prices declined by 2% MoM in the East and South, while staying largely flat in other regions, in Dec-22. In Q3FY23, all-India average cement prices increased by 2-2.5% (Rs 8-10/bag) on YoY and QoQ bases.

Industry volumes are likely to have been flat-to-marginally positive YoY and MoM in Dec-22. In Q3FY23, volumes are expected to have increased by 7-8% YoY, led by a favourable base and strong infra push by the government, with the East and South leading regionally.

Post gradual price hikes for the past three months, average Pan-India cement price is likely to have declined by 1% MoM (Rs 4/bag) in Dec-22. Prices in the North and West are likely to have stayed flat QoQ, while possibly declining by 2% QoQ in the central region.

Post gradual price hikes for the past three months, average Pan-India cement price is likely to have declined by 1% m-o-m (Rs 4/bag) in Dec-22. Prices in the North and West are likely to have stayed flat QoQ while possibly declining by 2% QoQ in the central region.

Also Read
NHAI seek bids for widening NH 75 section of Shiradi Ghat
New housing supply surges by 51% in 2022 across seven cities

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..