UltraTech Cement predicts a 7-8% rise in India's cement demand in FY25, driven by construction activities and infrastructure growth.

UltraTech Cement, part of Aditya Birla Group, predicts a 7-8% surge in India's cement demand in FY25, driven by construction activities. Industry capacity utilization is projected to reach 72%, up from 68% in FY23. To meet demand, India's cement industry plans to commission 35-40 million tonnes of capacity next fiscal year, with 60-65% in the eastern & southern regions. Growth is attributed to investments in India's infrastructure sector, estimated to have a 15.3% CAGR in the next 5 years.

August 04, 2024
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