Cement companies are on an expansion spree and are expected to add 80-100 MT of fresh capacity by FY25 despite the looming challenges of rising input costs and uncertainty on the demand front. Cement demand will be driven by infrastructure upgrades, rural housing and urbanisation. The sector will see huge demand momentum with higher government spending on infrastructure owing to general elections. India’s cement demand is expected to reach 550-600 mtpa by 2025 with the housing sector accounting for about 67 per cent of the total consumption.
