* The cement sector saw a modest growth of 2-3% in Q1 FY25, primarily due to a slowdown in construction during the Lok Sabha elections. However, ICRA projects a 7-8% growth for FY 2024-25, driven by strong demand in infrastructure and housing. .
* UltraTech Cement projects a 7-8% growth in cement demand for FY25, driven by increased construction activities, leading to a rise in industry capacity utilization to 72% and the addition of 35-40 million tonnes of capacity, primarily in eastern and southern 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$ 7.91 billion between April 2000-June 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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