CMIE predicts Indian cement output to rise by 6.4%

The Centre for Monitoring Indian Economy (CMIE) predicts that the country's cement output will rise by 6.4% in 2012/2013 fiscal year as the country's construction sector expands and demand for the building material goes up. The country's cement production is expected to rise by 4.8% from December 2012 to March 2013. The price of a 50kg bag cement in India was about INR 305 (€4.26) in December 2012 and cement output in October 2012 rose by 7.3% year-on-year to 19.91 million tonnes.
February 26, 2013 Read time: 1 min

The Centre for Monitoring Indian Economy (CMIE) predicts that the country's cement output will rise by 6.4% in 2012/2013 fiscal year as the country's construction sector expands and demand for the building material goes up.

The country's cement production is expected to rise by 4.8% from December 2012 to March 2013.

The price of a 50kg bag cement in India was about INR 305 (€4.26) in December 2012 and cement output in October 2012 rose by 7.3% year-on-year to 19.91 million tonnes.

Related Content

March 3, 2015

Indian cement sector capacity to rise by 23mn tonnes 2016/16

The Indian cement industry's production capacity to grow by 25 million tonnes/year in 2014/2015 fiscal year, 23 million tonnes/year in 2015/2016, and 8 million tonnes/year in 2016/2017, according to ICRA, a national independent credit rating agency. ICRA expects cement producers in India's eastern region to raise capacity by 20 million tonnes/year from 2014/2015 to 2016/2017, compared to 13.4 and 7.9 million tonnes/year respectively in the northern and southern region. ICRA reported that cement output grew

August 4, 2015

ICRA, India, forecasts 7% cement demand in 2015-2016

ICRA, an Indian ratings agency, forecasts demand for cement to increase by 6.8% to 7% year-on-year in the 2015-2016 fiscal year as the economy and infrastructure industry recover.

ICRA also expects capacity usage of cement plants to rise from 72% in 2015-2016 to 77% in 2016-2017.

India's cement production has risen by 5.6% y-o-y in 2014-2015 compared to 3% in 2013-2014.

boombox1

Highlighted Content

boombox2