According to Crisil, demand for cement would increase 7-9% in the upcoming fiscal year.
With a 7-9% increase to roughly 425 million tonne (MT) in fiscal 2024, the country’s cement consumption is expected to expand for a third straight year, but the outlook for operating profits is still unclear.According to a report by Crisil Market Intelligence & Analytics, the operational margins, which were under pressure because of high pricing…