Subscribe to enjoy similar stories. Cement is fundamental to infrastructure development and plays a crucial role in a country's economic progress, with its demand closely linked to the growth of the nation. In India, this demand is driven by government investment in infrastructure projects like roads, railways, and housing.
The real estate sector, a major consumer of cement, further supports this demand. India is the second-largest cement producer in the world, contributing 8% of the global installed capacity, second only to China. Despite this scale, cement remains one of the most affordable commodities, priced at just ₹5–7 per kilogram.
Moreover, India's per capita cement consumption stands at 250 kg, significantly lower than the global average of 550 kg. This indicates ample room for growth as infrastructure development continues to gain momentum, supported by a growing economy. This presents a compelling opportunity for investors, given its long-term growth potential.
However, not all companies in the industry are equally positioned to capitalise on this growth. Identifying the right cement stocks will be key to benefiting from this promising story. In this article, we look at the five fastest growing cement stocks in India.
These stocks are filtered using Equitymaster powerful stock screener. This subsidiary of JSW Cement (JSWCL) produces and sells cement and related products. The company heavily depends on JSWCL, as it supplies most of its production to JSWCL grinding units in the eastern region.
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