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CRISIL: CEMENT INDUSTRY TO BOOST CAPACITY BY 150-160 MTPA BY 2028
The Business Guardian
|January 24, 2024
The country’s cement industry aims to add 150-160 mtpa capacity in the next five years, starting this fiscal
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As per Tuesday’s Crisil Market Intelligence and Analytics report, the country’s cement industry plans to increase its capacity by 150-160 mtpa over the next five years, beginning this fiscal. The expansion will encompass both organic and inorganic avenues, aligning with expected demand growth in infrastructure and housing sectors. Presently, the total cement manufacturing capacity in India is around 595 mtpa, with 119 mtpa added in the last five financial years, the report said.
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