ICRA: Cement demand to cool down in FY2020

01 Oct 2019

Domestic cement growth is expected to slow down to around 7 per cent in FY2020. This is compared to 13 per cent growth in cement demand in FY2019. Although this may affect cement manufacturers, they will benefit from the fact that average prices for FY2020 are likely to be better than FY2019.

Contact: Jayanta Chatterjee, Executive Vice President & Head Strategic, ICRA. 

Address: Building No 8, 2nd Floor, Tower A, DLF Cyber City, Phase-II, Gurugram-122 002.

Tel: 0124-454 5300.

Email: communications@icraindia.com

Website: www.icra.in

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