Cement sales volume to grow around 10 per cent in FY24: Report
Cement

Cement sales volume to grow around 10 per cent in FY24: Report

The cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors, according to a report. In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-Septembe...

The cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors, according to a report. In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-September period, said an ICRA report. However, there would be some moderation in growth in H2 on account of below-normal monsoons on the overall crop output, adversely impacting farm incomes and demand for rural housing in some markets.

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