ICRA forecasts 18-20% Indian cement sales volume growth in 2022
Cement

ICRA forecasts 18-20% Indian cement sales volume growth in 2022

The Indian cement industry's sales volumes have been estimated to rise by 18-20 per cent year-on-year in the FY22 and surpass FY20’s pre-covid-19 outbreak levels by 6 per cent, according to ICRA. In the first nine months of the 2022 financial year, fuel and electricity costs rose by 31 per ce...

The Indian cement industry's sales volumes have been estimated to rise by 18-20 per cent year-on-year in the FY22 and surpass FY20’s pre-covid-19 outbreak levels by 6 per cent, according to ICRA. In the first nine months of the 2022 financial year, fuel and electricity costs rose by 31 per cent, raw materials costs by 12 per cent and logistics costs by 5 per cent. This offset a 5 per cent net sales rise resulting in an operating profit before interest, taxes, depreciation and amortisation (OPBITDA) per tonne of cement of $14.70, down by 10 per cent year-on-year. ICRA forecast a further decline in full-year OPBITDA per tonne of 16-18 per cent to $13.50-13.80 per tonne in the FY22.Contact: ICRAE-mail: Communications@icraindia.comTel: 0124-4545 860Website: www.icra.in

Next Story
Real Estate

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Next Story
Infrastructure Urban

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Next Story
Infrastructure Transport

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->