vimarsana.com

துணை ப்ரெஸிடெஂட் அனுபமா சிவப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Cement demand expected to rise by up to 20% in fiscal 2022: Icra

The growth would be supported by rural demand, including affordable housing, and recovery in infrastructure segment. ICRA expects cement demand to increase by 18-20 per cent in FY2022 over FY2021 with the volumes reaching back to around FY2019-FY2020 levels, the rating agency said in a statement. The volume growth is also likely to support operating margins in FY22 at around 20 to 21 per cent, notwithstanding some cost-side pressures, it added. Capacity additions are expected to get back to around 20-22 MTPA (million tonnes per annum) in FY2022 from around 15-17 MTPA in FY2021, it said. The eastern region is likely to lead the expansion by adding around 15-17 MTPA capacity during the said period.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.