Driven by strong government focus on housing and infrastructure development, consumption of cement is estimated to grow from 265 million tonnes per annum (mtpa) in fiscal year 2017 (FY17) to 322 mtpa in FY20.
Housing is the biggest driver of cement demand in India. It accounts for nearly 60-65% of total cement consumption. Overall, cement demand is likely to increase by 7-9% per annum.
Housing is the biggest driver of cement demand in India. It accounts for nearly 60-65% of total cement consumption. Overall, cement demand is likely to increase by 7-9% per annum.
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