* The cement sector saw a modest growth of 2-3% in Q1FY25, primarily due to a slowdown in construction during the Lok Sabha elections. However, ICRA projects a 7-8% growth for FY2024-25, driven by strong demand in infrastructure and housing..
* Ultratech Cement predicts an 8% rise in cement demand, driven by increased construction activities, government spending on infrastructure, and ongoing residential projects across India.
* The Mumbai-Ahmedabad Bullet Train Corridor is significantly boosting the cement and construction industry, utilizing around 20,000 cubic meters of cement daily—equivalent to eight 10-story buildings. This project, spanning 508 km with multiple stations and tunnels, has generated substantial employment, with about 20,000 workers engaged daily.
* Oligopoly market, where large players have partial pricing control.
* Low threat from substitutes.
* Indian cement companies are amongst the world’s greenest cement manufacturers.
*India's top four cement companies—UltraTech, ACC-Ambuja, Shree Cement, and Dalmia Cement—are set to add over 42 million tonnes of capacity in FY25, increasing their market share from 48% in FY23 to an expected 54% by FY26.
*FDI inflows in the industry, related to the manufacturing of cement and gypsum products, reached US$ 6.10 billion between April 2000-March 2024.
* National Infrastructure Pipeline (NIP) introduced projects worth US$ 14.59 billion (Rs. 102 lakh crore) for the next five years.
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