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Articles / Market Reports

India bets on robust demand

While the first half of 2024 saw an easing of Indian cement demand, the 2024 Union Budget has allocated INR111.11trn to capital expenditure, underpinning cement demand in 2025. As a result, India’s cement producers are expected to invest INR1.25trn in further capacity expansion projects.

Author Name @ICR Research
25 November 2024
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India bets on robust demand

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