Strong Real Estate Growth to Boost Cement Demand in FY26

08 Jul 2025 CW Team

A report by Axis Securities projects sustained momentum in cement demand for FY26, backed by robust growth in the real estate market and government housing initiatives like the Pradhan Mantri Awas Yojana (PMAY). Large-scale construction under such schemes is expected to drive continuous demand for building materials, especially cement, which remains essential for housing infrastructure.

The report forecasts cement demand growth of 7 to 8 per cent in FY26, supported by the government’s focus on infrastructure development alongside ongoing real estate activities. Further reinforcement is anticipated from increased allocations to infrastructure and construction in the 2025-26 budget.

Despite a subdued performance in the first half of FY25, with year-on-year growth of only 2–3 per cent, the cement sector saw a strong recovery in the third and fourth quarters, expanding at a high single-digit pace. This positive trend is expected to continue into Q1 FY26, driven by rising government capital expenditure and revived construction activity.

For FY25 as a whole, the industry recorded overall growth between 4 and 5 per cent. Central government core sector data confirms an 8 per cent year-on-year increase in cement output during April-May 2025, propelled by strong infrastructure and construction activity.

Historically, the fourth and first quarters witness peak cement consumption due to favourable weather, heightened infrastructure spending, and a seasonal rise in real estate development.

Looking ahead, Axis Securities notes that while pricing may stay competitive amid increased supply and market rivalry, manufacturers are well positioned to benefit from sustained volume growth in FY26.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..