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

Buying a TBM?

Tunnel-boring machines (TBMs) are increasingly being used in India for metro, rail and other infrastructure projects. Choosing the right TBM is vital to work efficiently, speedily and safely. Here’s a guide on how to make the right choice.Geological compatibilityTBMs are specifically designed and customised to suit the unique geological and geotechnical conditions of the area where tunnelling will take place. So, an extensive and thorough geotechnical investigation is conducted prior to the machine’s design and fabrication. “The tunnelling company accurately compiles soil sampling f..

Next Story
Real Estate

Kitchen Dynamics

Modular kitchen design trends lean towards sustainability, smart technology integration, minimalist aesthetics and multifunctional spaces, says Rajkumar Kumawat, Founder and Principal Architect, Rajkumar Architects.Noticeable designs“A shift towards warm minimalism, where clean lines are balanced with tactile finishes such as fluted wood, brushed metals and muted stone surfaces, is a noticeable trend,” says Harkaran Singh Boparai, Founder and Principal Architect, Harkaran Boparai Studio. “Also, matte lacquers in deep, earthy tones are replacing gloss finishes, bringing a s..

Next Story
Real Estate

Redevelopment Rush

Mumbai is on the cusp of an urban transformation, driven by the pressing need to replace ageing, unsafe buildings with modern, high-density developments. The scale and pace of redevelopment across the city is unprecedented – and yet fraught with complexity.Redevelopment has become a defining strategy for urban renewal in Mumbai. One of the most challenging aspects is the displacement it entails – residents are often required to vacate their homes and live in transit accommodations until the new structures are ready. This raises valid concerns: Will the transit housing meet our needs? Will ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?