Author: Suyash Jain
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How did India’s cement industry perform in FY’25?
5% y-o-y production growth supported by infra, housing demand Cement consumption up 7% y-o-y despite elections, rains India’s cement production grew by around 5% y-o-y to around 457 million tonnes (mnt) in F’Y25, compared to 436 mnt in FY24. This was supported by sustained infrastructure and housing demand. However, India’s GDP growth rate moderated to…