{"id":112162,"date":"2023-10-18T15:24:26","date_gmt":"2023-10-18T09:54:26","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=112162"},"modified":"2023-10-18T15:24:50","modified_gmt":"2023-10-18T09:54:50","slug":"cement-sales-volume-to-increase-by-around-10-in-fy24-led-by-demand-from-infra-urban-housing-report","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/cement-sales-volume-to-increase-by-around-10-in-fy24-led-by-demand-from-infra-urban-housing-report\/","title":{"rendered":"Cement sales volume to increase by around 10% in FY24 led by demand from infra &#038; urban housing: Report"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2933485904\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>According to a report, the cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3158886941\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-September period, said a report from rating agency Icra.<\/p><p>It added, that there would be &#8220;some moderation in growth in H2&#8221; on account of below-normal monsoons on the overall crop output, adversely impacting farm incomes and demand for rural housing in some markets.<\/p><p>&#8220;Moreover, with the upcoming state elections the release of funds towards ongoing infra projects may slow down, posing some downside risks to cement volume off-take in H2 FY2024,&#8221; it said.<\/p><div class=\"trade-content_5\" id=\"trade-3824744072\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>However, the operating margins for the cement industry are expected &#8220;to improve by 260-310 bps to 16.0-16.5 per cent in FY2024&#8221;.<\/p><p>The increasing focus on green power is projected to reduce the cement industry&#8217;s reliance on high-cost thermal power and the grid for power requirements, lowering operational costs, it said.<\/p><p>&#8220;Assuming thermal power cost at Rs 6.5\/unit, waste heat recovery system (WHRS) power cost at Rs 0.75\/unit and solar power cost at Rs 4.5\/unit, a 25 per cent replacement of thermal power consumption by green power could lead to cost savings of around 15-18 pc, while also reducing the carbon footprint,&#8221; it said.<\/p><p>Besides, the cement industry would also continue its capacity expansion, supported by healthy demand prospects, it said.<\/p><p>&#8220;The capacity addition in the cement industry is estimated at 63-70 million MT during FY2024-FY2025, of which around 33-37 million MT will be added in FY2024, the highest addition in the last five years. The eastern and central regions are expected to lead the expansion,&#8221; said Icra.<\/p><p>In the last financial year, the industry had added a total capacity of 27 million metric tonnes per annum (MTPA).<\/p><div class=\"trade-content-10\" id=\"trade-2383203985\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>India&#8217;s installed cement capacity is 541 MT. According to the data from the Cement Manufacturers\u2019 Association (CMA).<\/p><div class=\"trade-after-content\" id=\"trade-3957445875\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>According to a report, the cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors. In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-September period, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-112162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cement sales volume to increase by around 10% in FY24 led by demand from infra &amp; urban housing: Report - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"According to a report, the cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/cement-sales-volume-to-increase-by-around-10-in-fy24-led-by-demand-from-infra-urban-housing-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cement sales volume to increase by around 10% in FY24 led by demand from infra &amp; urban housing: Report\" \/>\n<meta property=\"og:description\" content=\"According to a report, the cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/cement-sales-volume-to-increase-by-around-10-in-fy24-led-by-demand-from-infra-urban-housing-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T09:54:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-18T09:54:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Ambuja-cements-1-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/cement-sales-volume-to-increase-by-around-10-in-fy24-led-by-demand-from-infra-urban-housing-report\/\",\"url\":\"https:\/\/tradebrains.in\/features\/cement-sales-volume-to-increase-by-around-10-in-fy24-led-by-demand-from-infra-urban-housing-report\/\",\"name\":\"Cement sales volume to increase by around 10% in FY24 led by demand from infra & urban housing: Report - 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