Based on compounded annual growth rates, central India likely to experience cement oversupply as capacity additions outpace expected consumption-growth rates by 2021, as per Bloomberg
78 mn tonne – of cement capacity is expected to be added by 2021
8% – rise in the demand for Indian cement is estimated in 2018
2-3% – the worldwide growth in cement sector
Cement consumption in India is growing twice as quickly as that in North Asia, and tied to South Asia
The October-December production levels can be used as a proxy for the recovery of volume lost during the monsoon
Cement companies have already begun to report solid 2017 results