![According to Crisil, demand for cement would increase 7-9% in the upcoming fiscal year.](https://market-tracker.in/wp-content/uploads/2023/02/GettyImages-941748918-5c7f3654c9e77c00012f82f6-1.jpg)
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…