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

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..