Affordable, rural housing to boost cement production

Affordable, rural housing to boost cement production
10/10/2018 , by , in ALLIED

This fiscalthe demand in infrastructure space, primarily road and irrigation projects, is also expected to push demand for cement, an Icra report said

6-7% – Cement production growth expected in current fiscal. 14.7% – Production growth in first four months of FY19.

17-19 mtpa – Capacity will be added in FY20. 27.5-28.6 mt – Production during April-June period. 9.3% – Production declined in July on a month-on-month basis. 70% – Likely industry capacity utilisation over next two year.

The players’ ability to secure increases in cement prices remains critical from a profitability perspective,” Sabyasachi Majumdar, senior vice-president, Icra.

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