Cement sector to see ₹1.2 lakh crore capex by FY28
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure boom
- ₹1.2 lakh crore
- by FY28
- 75% capacity increase
- of capacity
- 160-170 million tonnes
- annual demand
- 30-40 million tonnes
India's cement industry is set for a ₹1.2 lakh crore capital expenditure boom, with a projected 75% capacity increase by FY28. According to Crisil Ratings, the sector will add 160-170 million tonnes of capacity from FY26 to FY28, driven by an annual demand of 30-40 million tonnes. However, near-term capacity utilization may moderate due to uneven distribution of new capacities.
Not investment advice. For informational purposes only.