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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.
9 months ago
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