Cement Volumes Expected to Grow 6-7 Per Cent in FY2026: ICRA
Cement

Cement Volumes Expected to Grow 6-7 Per Cent in FY2026: ICRA

The growth of cement volumes in India is projected to stay at 6-7 per cent during Financial Year 2026, supported by rising demand from the housing and infrastructure sectors, according to a report by Information and Credit Rating Agency (ICRA). This follows a 6.3 per cent increase in cement volumes during FY2025.

Despite global economic uncertainties, significant capacity additions are anticipated, with projections of 43-45 million metric tonnes per annum (MTPA) in FY2026, compared to 32-35 Mn MTPA in FY2025. ICRA has maintained a stable outlook for the sector.

In the first half of FY2025, cement volumes grew modestly by 1.7 per cent year-on-year to around 212 Mn metric tonnes, due to factors such as General Elections and extended monsoons. However, the second half witnessed a strong recovery, with volumes increasing by 10.7 per cent year-on-year to around 241 Mnmetric tonnes.

ICRA noted that eastern and northern India would lead capacity additions, with 22-24 Mn MTPA combined. The southern region, despite oversupply, is also seeing significant expansion to maintain market share.

Cement prices showed some recovery from the third quarter onwards, following a 10 per cent decline earlier. Lower costs of coal and pet-coke have provided interim relief to producers.

Source: ANI

The growth of cement volumes in India is projected to stay at 6-7 per cent during Financial Year 2026, supported by rising demand from the housing and infrastructure sectors, according to a report by Information and Credit Rating Agency (ICRA). This follows a 6.3 per cent increase in cement volumes during FY2025. Despite global economic uncertainties, significant capacity additions are anticipated, with projections of 43-45 million metric tonnes per annum (MTPA) in FY2026, compared to 32-35 Mn MTPA in FY2025. ICRA has maintained a stable outlook for the sector. In the first half of FY2025, cement volumes grew modestly by 1.7 per cent year-on-year to around 212 Mn metric tonnes, due to factors such as General Elections and extended monsoons. However, the second half witnessed a strong recovery, with volumes increasing by 10.7 per cent year-on-year to around 241 Mnmetric tonnes. ICRA noted that eastern and northern India would lead capacity additions, with 22-24 Mn MTPA combined. The southern region, despite oversupply, is also seeing significant expansion to maintain market share. Cement prices showed some recovery from the third quarter onwards, following a 10 per cent decline earlier. Lower costs of coal and pet-coke have provided interim relief to producers. Source: ANI

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?