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Indian cement industry expects 8% sales boost in 2025, despite consolidation and challenges.
In 2024, the Indian cement industry saw major consolidation with UltraTech Cement and Ambuja Cements acquiring significant capacity.
Despite challenges like lower sales realization and slower growth, the industry anticipates an 8% sales boost in 2025, driven by increased government spending on infrastructure.
The top five producers control 60-65% of capacity, and the industry is adding 35 million tonnes to meet expected demand.
4 months ago
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