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

Building Material

07 Nov 2025

Beyond Basics: Unique Ideas for Using Distemper Paint Colours in Your Home

Rohit and Nisha had just moved into their first rented apartment in Pune. The place had everything they wanted. Great sunlight, a tiny balcony, and affordable rent. But the walls? A dull, ugly and patchy beige that made even their colourful paintings look tired. “Let’s colour the walls,” Nisha said enthusiastically. Rohit looked at her with a calculator in hand. “You mean spend half our salary on emulsions?”Just then, their neighbour popped in and said, “I have been using distemper paint on walls for years. It is affordable, looks good, and you can wipe it clean when your friends s..

REC Approves Rs 75 billifor Brookfield’s Hybrid Energy Project

The Rural Electrification Corporation (REC) Ltd, a Maharatna non-banking finance company, has sanctioned Rs 75 billion for Brookfield’s 1,040 MW hybrid renewable energy project in Kurnool district — its largest-ever funding to a private-sector venture.Developed by Evren, a joint venture between Brookfield (51.49 per cent) and Axis Energy, the Rs 99.1 billion project integrates 640 MW of wind and 400 MW of solar power with battery storage. It is India’s first Firm and Dispatchable Renewable Energy (FDRE) project featuring state-level grid connectivity and a dedicated power purchase agreem..

Oswal Energies, Deendayal Port Partner for Green Hydrogen Project

Oswal Energies and the Deendayal Port Authority (Kandla-Gandhidham) have signed a memorandum of understanding (MoU) to jointly develop green hydrogen, green methanol, green ammonia, and a 100 million litres per day (MLD) desalination plant under the National Green Energy Initiative.The Government of India has identified Deendayal Port as one of the strategic hubs for green energy infrastructure. The collaboration aims to strengthen the port’s role in advancing sustainable energy systems, supporting India’s net-zero and energy security goals.Under the MoU, Oswal Energies will lead the devel..