Cement Demand Expected to Rise 6–7% This Year

 

Rating agency ICRA has projected that cement demand in India could grow by 6–7% during fiscal year 2025–26, reaching between 48–48.6 crore metric tons.

The increase will be driven largely by continued growth in the residential and infrastructure sectors. In 2024–25, cement production rose 6.3% to 45.3 crore metric tons.

ICRA also estimates that industry capacity could expand by another 4–4.2 crore metric tons this year to meet rising demand.