Expect cement demand to grow 8-9% in FY24: Khushbu Lakhotia, India Ratings
Cement demand is expected to grow 8-9% in FY24, led by the government’s continued investment in infrastructure projects and affordable housing. Khushbu Lakhotia believes the profitability of the cement sector is likely to recover by around Rs 200 per tonne, but this will mainly be due to a decrease in coal prices, and not from significant price hikes.
