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ICRA cement report

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Cement demand outlook remains strong as ICRA flags cost pressures ahead

Cement production in India recorded steady growth in FY26, with ICRA projecting continued demand momentum in FY27 despite rising input cost pressures.

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India’s Cement Sector Records Strong Growth as Demand, Prices and Cost Trends Support FY26 Outlook

India’s cement sector recorded strong growth between April and October 2025, with volumes rising 7.6% amid firm demand, stable prices and easing coal...