Government capex rises 19% boosting cement demand outlook
Capital expenditure by the Central government rose 19% YoY to ₹2.24 lakh crore in April and May FY27, signaling a positive outlook for cement demand driven by infrastructure projects. Continuous investments in urban infrastructure are expected to boost cement consumption in the coming quarters.
pre-market1 source ↓written by the desknot a recommendation
- YoY
- 19%
- in April
- ₹2.24 lakh crore
Capital expenditure by the Central government surged 19% YoY to nearly ₹2.24 lakh crore in April and May FY27. This increase signals a revival in cement demand as infrastructure projects ramp up, particularly in roads and housing.
• Continuous investments in urban infrastructure are expected to enhance cement consumption.
• Improved project execution will support pricing in the sector.
Not investment advice. For informational purposes only.