Cement volume set to rise to 450MT by FY25 with rising infrastructure
Cement

Cement volume set to rise to 450MT by FY25 with rising infrastructure

The cement industry has benefitted from high volume growth, majorly driven by a revival in demand from the housing sectors, upcoming infrastructure projects such as the construction of roads, railway...

The cement industry has benefitted from high volume growth, majorly driven by a revival in demand from the housing sectors, upcoming infrastructure projects such as the construction of roads, railways, and highways as well as generous rural demand. It remains one of the key beneficiaries of economic growth as there is a positive correlation between GDP growth rate and cement demand growth. In the 9MFY23, the overall cement demand registered 11 per cent growth over last year.

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