Cement sector trends: Volume rises 9% in May, average bag price up 8%, industry output seen at 480 MT in FY26
India's cement industry experienced robust growth in May 2025, with volumes increasing by 9% and prices rising by 8%. ICRA projects continued volume growth of 6-7% for FY26, driven by housing and infrastructure demand. Improved operating margins are expected due to price hikes and favorable cost environment, with lower coal and steady diesel prices.
India's cement industry experienced robust growth in May 2025, with volumes increasing by 9% and prices rising by 8%. ICRA projects continued volume growth of 6-7% for FY26, driven by housing and infrastructure demand. Improved operating margins are expected due to price hikes and favorable cost environment, with lower coal and steady diesel prices.
