Affordable\, rural housing to boost cement production this fiscal


Affordable, rural housing to boost cement production this fiscal

Cement

Also, 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 years

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