India’s Cement Sector

The infrastructure sector in India plays a pivotal role in driving the country's economic growth by facilitating the expansion of various industries, including real estate and construction.

India's Cement Industry Overview

  • Second-largest producer of cement globally.
  • Accounts for over 8% of the global installed capacity.
  • Market size reached 3.96 billion tonnes in 2023.
  • Expected to touch 5.99 billion tonnes by 2032, exhibiting a CAGR of 4.7% during 2024-32.

Cement Production Capacity

  • India's cement production reached 374.55 million tonnes in FY23, a growth rate of 6.83% year-on-year (yoy).
  • India's cement manufacturers produce various types of cement, including Portland Cement, PPC Cement, High Strength Cement, Marine Technology Cement, ....
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