India’s cement industry outlook in FY22 is bright: Kumar Birla

28 Jul 2021 CW Team

According to an annual report of the Aditya Birla Group, the government's infrastructure projects and affordable housing like the Pradhan Mantri Awas Yojana (PMAY) with enhanced budgetary allocations will be the primary sources of growth for the cement industry.

The cement industry is looking forward to a brighter future in FY22, he said.

Birla said that the cement industry faced a decline of about 10-12% because of the Covid-19 pandemic in FY21 but began to improve in the second half of FY21.

The cement volume demand is also getting influenced by the resumption of the construction work of institutional infrastructure projects like metro rail and road, Birla said.

As per the Cement Manufacturing Association (CMA), the overall installed cement capacity in India is about 545 million tonnes (mt) per year. It accounts for about 7% of the global installed cement capacity.

According to CMA, the Indian Cement industry is the second-largest cement industry in the world.

The board has approved a CAPEX of Rs 5,477 crore for increasing the capacity by 12.8 million tonnes per annum (MTPA) together with brownfield and greenfield expansions, Birla said. Productions from these capacities are expected to go on a stream in a phased manner in FY 2022-23.

UltraTech has a consolidated capacity of 116.8 MTPA of grey cement, and its net revenue was up by 5.41% to Rs 44,726 crore.

Aditya Birla Group has 27 grinding facilities, 22 integrated manufacturing facilities, and seven bulk packaging terminals.

Image Source

Also read: Concessions on bulk cement transportation to boost cement traffic

Chairman of UltraTech Cement, Kumar Mangalam Birla, told the media that the Indian cement industry is on the growth path, led by various government's initiatives. The cement industry is likely to have bright prospects in this financial year (FY). According to an annual report of the Aditya Birla Group, the government's infrastructure projects and affordable housing like the Pradhan Mantri Awas Yojana (PMAY) with enhanced budgetary allocations will be the primary sources of growth for the cement industry. The cement industry is looking forward to a brighter future in FY22, he said. Birla said that the cement industry faced a decline of about 10-12% because of the Covid-19 pandemic in FY21 but began to improve in the second half of FY21. The cement volume demand is also getting influenced by the resumption of the construction work of institutional infrastructure projects like metro rail and road, Birla said. As per the Cement Manufacturing Association (CMA), the overall installed cement capacity in India is about 545 million tonnes (mt) per year. It accounts for about 7% of the global installed cement capacity. According to CMA, the Indian Cement industry is the second-largest cement industry in the world. The board has approved a CAPEX of Rs 5,477 crore for increasing the capacity by 12.8 million tonnes per annum (MTPA) together with brownfield and greenfield expansions, Birla said. Productions from these capacities are expected to go on a stream in a phased manner in FY 2022-23. UltraTech has a consolidated capacity of 116.8 MTPA of grey cement, and its net revenue was up by 5.41% to Rs 44,726 crore. Aditya Birla Group has 27 grinding facilities, 22 integrated manufacturing facilities, and seven bulk packaging terminals. Image Source Also read: Concessions on bulk cement transportation to boost cement traffic

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..