Cement Demand to Rise by 8%
Cement

Cement Demand to Rise by 8%

Ultratech Cement forecasts a 7-8% increase in cement demand due to a surge in construction activities. This growth is driven by expanding infrastructure projects and residential developments across India.

The anticipated rise in demand is attributed to several factors, including increased government spending on infrastructure, the expansion of urban areas, and ongoing residential construction projects. These activities are expected to bolster the cement sector, leading to higher consumption and production levels.

Ultratech, one of the leading players in the cement industry, anticipates that this demand surge will positively impact the company's production and revenue. The increased cement consumption is expected to support growth in both urban and rural construction, addressing the needs of a growing population and expanding infrastructure.

The company also notes that favorable economic conditions and government initiatives aimed at boosting construction will contribute to the demand growth. The rise in construction activities aligns with broader trends in infrastructure development and urbanization, further driving the cement industry's expansion.

Overall, Ultratech's outlook reflects optimism about the cement sector's growth prospects, fueled by ongoing and planned construction activities across various regions.

Ultratech Cement forecasts a 7-8% increase in cement demand due to a surge in construction activities. This growth is driven by expanding infrastructure projects and residential developments across India. The anticipated rise in demand is attributed to several factors, including increased government spending on infrastructure, the expansion of urban areas, and ongoing residential construction projects. These activities are expected to bolster the cement sector, leading to higher consumption and production levels. Ultratech, one of the leading players in the cement industry, anticipates that this demand surge will positively impact the company's production and revenue. The increased cement consumption is expected to support growth in both urban and rural construction, addressing the needs of a growing population and expanding infrastructure. The company also notes that favorable economic conditions and government initiatives aimed at boosting construction will contribute to the demand growth. The rise in construction activities aligns with broader trends in infrastructure development and urbanization, further driving the cement industry's expansion. Overall, Ultratech's outlook reflects optimism about the cement sector's growth prospects, fueled by ongoing and planned construction activities across various regions.

Next Story
Infrastructure Energy

NTPC Signs $11.5 Billion Clean Energy Deals in Chhattisgarh

Juniper Green Energy has successfully commissioned a 100-MW solar power project aimed at supplying electricity to Bhutan, marking a significant milestone in regional energy integration. According to the company's statement, the project facilitates a crucial cross-border agreement allowing Bhutan to receive 50% of the power generated during the winter months. This arrangement permits Bhutan to directly import power from an Indian generator under an established bilateral trade framework. Located in Rajasthan, the solar project contributes a total generation capacity of 100 MW. Highlighting the..

Next Story
Infrastructure Energy

Juniper Green Commissions 100-MW Solar Project for Bhutan

The New Delhi Municipal Council (NDMC) held its first council meeting since the Delhi Assembly polls focusing on a comprehensive Summer Action Plan aimed at achieving 100% solar energy adoption by 2026. The meeting, led by MP Bansuri Swaraj, began with the swearing-in of three new NDMC members — Delhi Minister and New Delhi MLA Parvesh Sahib Singh, Delhi Cantt. MLA Virender Singh Kadian, and Ravi Kumar Arora, Additional Secretary of the Ministry of Housing and Urban Affairs. Solar Energy Push NDMC Vice Chairman Kuljeet Singh Chahal announced the civic body's ambitious solar energy plans, ..

Next Story
Infrastructure Energy

NDMC Pushes for 100% Solar Energy by 2026

Mumbai-based energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital, with participation from UC Impower and other angel investors. Founded in 2017 by IIT Bombay alumni, AmpereHour Energy focuses on building AI/ML-enabled Energy Storage Systems ranging from kW/kWh scale systems for Mini-grids to MW/MWh scale systems compatible with solar PV and wind plants. The systems are designed to be plug-and-play, integrated with the company’s proprietary Energy Management platform, Elina. The fresh capital will be directed towards expanding manufacturing and software capabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?