India’s annual demand for cement to reach 600mn tonnes by 2025.
The Confederation of Indian Industries (CII) predicts that annual demand for cement in India will increase by 2.7 times to between 550 million tonnes and 600 million tonnes by 2025.
This is attributed to investments in power, road and irrigation projects. CII said that the industry will need to invest close to INR 3 trillion (€35.86 billion/US$49.74 billion) by 2025 to increase clinker capacity by 240 million tonnes to 270 million tonnes/year and cement capacity by 330 million tonnes to 380 million tonnes/year.
The country's per capita usage of cement is expected to rise from current level of 185kg to between 385kg and 415 kg in 2015 and housing sector is likely to account for 40% to 45% of total cement demand by 2025.
