Cement Industry’s Demand-Supply During April-December And FY21 Outlook: Care Ratings
A construction worker cuts a breeze block brick to size for a new home under construction (Photographer Chris Ratcliffe/Bloomberg)

Cement Industry’s Demand-Supply During April-December And FY21 Outlook: Care Ratings

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Ratings Research Report

Cement production fell to a four-month low falling by 9.7% in December 2020 compared with down 7.3% in November 2020 and 5.4% in December 2019. Fall in production could indicate waning pent-up demand and normalising of operations in the infrastructure space.

Cement demand is closely linked to the overall economic growth, particularly of the housing and infrastructure sector.

Increasing demand from affordable housing and construction work for other government infrastructure projects like roads, metros, airports, irrigation etc. are demand drivers which support cement demand.

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Care Ratings Cement Industry Update.pdf

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