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News 6 – 7% growth expected in Indian cement market in 2026 financial year

6 – 7% growth expected in Indian cement market in 2026 financial year

Written by Global Cement staff 09 June 2025
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India: Management guidance for Indian cement demand growth in the 2026 financial year for ‘most companies’ in the sector was 6 – 7% year-on-year.

In the 2025 financial year, UltraTech Cement and JK Cement raised their cement sales volumes by 17% and 15% year-on-year respectively, due to to demand recovery and the effects of new acquisitions. Ambuja Cement’s volumes grew by 13%, while Dalmia Cement Bharat’s fell by 2% and Ramco Cements’ by 5%.

The Business Standard newspaper has reported that the all-India cement capacity ended the 2025 financial year at 655Mt/yr, up by 5% year-on-year. 60Mt/yr-worth of new cement production capacity is due to come online later in the 2026 financial year, which would increase that figure by a further 9%.

Last modified on 11 June 2025
Published in Global Cement News
Tagged under
  • India
  • market
  • Outlook
  • growth
  • Forecast
  • Asia
  • demand
  • UltraTech Cement
  • JK Cement
  • Dalmia Cement Bharat
  • Ramco Cements
  • Capacity
  • GCW713
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