[Special] Performance of Indian Cement Market in 2023

2024-01-22 13:39:47

In 2023, India's cement market demand and production continued to grow, the domestic urbanization process was further accelerated, and the investment in infrastructure remained unchanged.

India is the second largest cement producer in the world. There are a large number of high-quality limestone deposits all over the country. With the acceleration of urbanization in India, the rapid development of infrastructure and construction in India has led to the rapid growth of the cement industry in India.   Over the

years, India's cement production has been increasing. Industry insiders said that looking forward to the future, India's cement industry has enough optimism.

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Recently, due to the persistent cost pressure in the south, the price of concrete has risen slightly with the raw materials, but the growth of market demand is limited, and the overall quotation is still stable. From October 31 to November 6, the national concrete price index closed at 112.47 points, up 0.31% annually and down 10.11% year-on-year.