Cement sector's ₹50K cr capex raises profitability concerns
pre-market1 source ↓written by the desknot a recommendation
- in planned capacity
- ₹50,000 cr
- in the next
- 40 million tonnes
India's cement industry is poised for aggressive growth with ₹50,000 cr in planned capacity expansions by Adani Group and UltraTech Cement. Both companies aim to add over 40 million tonnes in the next two years, driven by infrastructure demand. However, this surge risks market oversupply and intensified pricing competition, potentially squeezing profit margins.
Not investment advice. For informational purposes only.