FY25 Cement Demand Expected to Grow 5-7%: Report
Cement

FY25 Cement Demand Expected to Grow 5-7%: Report

According to a report by India Ratings and Research (Ind-Ra), cement demand is projected to grow by 5-7% in the fiscal year 2024-25. This forecast comes amid robust growth in infrastructure development, signalling positive momentum in the construction sector.

The anticipated increase in cement demand reflects the ongoing expansion and modernization of India's infrastructure, driven by government initiatives and private sector investments. With a focus on building roads, bridges, housing, and other key infrastructure projects, the construction sector continues to drive demand for cement across the country.

Ind-Ra's report highlights the crucial role of the construction industry in driving economic growth and job creation. As infrastructure development remains a top priority for India, the demand for cement is expected to remain strong in the coming years, supporting the growth trajectory of the construction sector.

Moreover, factors such as urbanisation, population growth, and rising disposable incomes are also expected to contribute to the steady increase in cement demand. These demographic and socio-economic trends further underline the long-term growth potential of the construction industry in India.

The forecasted growth in cement demand presents opportunities for cement manufacturers to expand their capacities and strengthen their market positions. By investing in advanced technologies, sustainable practices, and efficient supply chain management, cement companies can capitalise on the growing demand and contribute to the nation's infrastructure development agenda.

In conclusion, the Ind-Ra report's optimistic outlook on cement demand underscores the positive growth prospects of the construction sector in India. With continued government support and private sector investments, the industry is well-positioned to drive sustainable economic development and infrastructure growth in the years to come.

According to a report by India Ratings and Research (Ind-Ra), cement demand is projected to grow by 5-7% in the fiscal year 2024-25. This forecast comes amid robust growth in infrastructure development, signalling positive momentum in the construction sector. The anticipated increase in cement demand reflects the ongoing expansion and modernization of India's infrastructure, driven by government initiatives and private sector investments. With a focus on building roads, bridges, housing, and other key infrastructure projects, the construction sector continues to drive demand for cement across the country. Ind-Ra's report highlights the crucial role of the construction industry in driving economic growth and job creation. As infrastructure development remains a top priority for India, the demand for cement is expected to remain strong in the coming years, supporting the growth trajectory of the construction sector. Moreover, factors such as urbanisation, population growth, and rising disposable incomes are also expected to contribute to the steady increase in cement demand. These demographic and socio-economic trends further underline the long-term growth potential of the construction industry in India. The forecasted growth in cement demand presents opportunities for cement manufacturers to expand their capacities and strengthen their market positions. By investing in advanced technologies, sustainable practices, and efficient supply chain management, cement companies can capitalise on the growing demand and contribute to the nation's infrastructure development agenda. In conclusion, the Ind-Ra report's optimistic outlook on cement demand underscores the positive growth prospects of the construction sector in India. With continued government support and private sector investments, the industry is well-positioned to drive sustainable economic development and infrastructure growth in the years to come.

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App