Subscribe to enjoy similar stories. MUMBAI : As the monsoon clouds recede, India’s cement industry is set for a season of rapid growth, ready to meet the demands of a renewed wave in construction and infrastructure projects nationwide. With its consistent demand and potential for value appreciation, the cement sector can be a reliable pillar in a diversified portfolio.
As the backbone of modern construction, cement takes centre stage in the post-monsoon months. Here’s why this period could be crucial for the sector’s performance. The government has ambitious plans for infrastructure, which directly boosts the need for cement.
One key initiative is the Pradhan Mantri Awas Yojana (PMAY), which is all about affordable housing. This initiative alone has a huge demand for building materials, especially cement. Consider the Mumbai-Ahmedabad Bullet Train Corridor: this single project is consuming a staggering 20,000 cubic meters of cement each day—equivalent to constructing several skyscrapers daily.
Mega projects like these keep the cement industry in high gear, driving demand as the dry season unfolds and cement trucks continue rolling steadily across the country. The big players in the cement industry are actively ramping up capacity to meet it head-on. Shree Cement has committed ₹2,000 crore (around $240 million) to expand production in Uttar Pradesh, while Ramco Cements is strengthening its Andhra Pradesh operations with a ₹1,403 crore ($168 million) investment.
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