New Delhi, June 30 || Cement volumes in India are expected to grow by 6-7 per cent year-on-year (YoY) in FY2026, reaching around 480-485 million metric tonnes (MT), a new report said on Monday.
This growth is expected to be driven by continued demand from the housing and infrastructure sectors, according to ICRA's latest report.
In FY2025, the industry recorded a volume growth of 6.3 per cent, reaching 453 million MT.
The outlook for FY2026 remains strong as both government-led infrastructure projects and private housing construction continue to create steady demand for cement.
The report also noted that cement manufacturers are planning to add new capacity of around 40-42 million MT per annum (MTPA) in FY2026, higher than the 31 MTPA added in FY2025.
The eastern region is expected to lead this capacity expansion with the addition of 14-15 million MTPA.