Indian Cement Industry Analysis
*India's cement production reached 374.55 million tonnes in FY23, a growth rate of 6.83% year-on-year (yoy). * Indian cement demand is projected to grow by 6-7% in FY25, following a strong 7-8% YoY growth in the last quarter of FY24. Despite a pricing downturn due to increased competition, average cement prices declined by around …
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