Cement volumes expected to grow 8-9% in FY23, says report

[Bilgin]

Cement volumes expected to grow 8-9% in FY23, says report Despite looming cost challenges, such as fuel prices straining margins, cement players are on an expansion spree and expected to add 85-100 MT by FY25. The industry is likely to add 30-32 MT by the end of the current fiscal, compared to 25 MT in FY22