Cement volumes likely to grow by 7-8% on all-round demand: ICRA

05 Aug 2022 CW Team

Cement volumes are expected to grow by 7-8% in FY2023 to around 388 million tonnes, aided by demand from housing, both rural and urban, and the infrastructure sector, according to an ICRA analysis. The demand for rural housing is supported by a robust rabi harvest and better crop realisation. The progress of kharif sowing, amidst a modest hike in MSPs of such crops for the upcoming marketing season, would determine farm sentiments going forward.

In the infrastructure segment, the significant increase of 24% in capital expenditure to Rs 7.5 trillion in the FY23 budget estimates over FY2022 revised estimates, led by Rs 1.8 trillion for roads and Rs 1.4 trillion for railways, augurs well for cement demand.

On urban housing, the report says that notwithstanding potential challenges due to increasing interest rates, the growth in employee headcounts and salaries for many IT/ITES companies, and demand for better and larger homes on account of the shift to the hybrid working model in customer segments working in IT/ITES, BFSI and related sectors is likely to support demand going forward.

However, the elevated input costs are likely to adversely impact operating margins, which are expected to be the lowest in the last seven years.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..