Cement volumes in India projected to grow 7-8% in FY25, driven by infrastructure and housing demand; top 5 companies' market share to rise to 58-59% by FY26.
Cement volumes in India are projected to grow 7-8% in FY25, driven by sustained healthy demand from infrastructure and housing sectors. The top five cement companies' market share is expected to rise to 58-59% by March 2026, from 54% as of March 2022. The eastern and southern regions are set to lead the expansion, with capacity utilisation expected to reach 71% in FY2025 from 70% in FY2024.
July 04, 2024
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