Cement industry to add 70-75 million MT capacity in two years amid slowdown in construction
cement industry in India is expected to witness a significant capacity expansion of 70-75 million metric tonnes (MT) over the next two years, according to the rating agency ICRA.
Of this, around 33-37 million MT will come from clinker capacity, while the rest will be from grinding capacity.
It said «Around 33-35 million MT capacity is likely to be added in FY2025 (FY2024: 32 million MT), while 37-39 million MT addition is expected in FY2026».
The expansion is expected to be led by the eastern and southern regions, which together are projected to add 38-40 million MT during FY2025 and FY2026, with the additions equally distributed between these regions.
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