The outlook for the cement sector remains positive, supported by healthy demand trends, improving prices and higher capital expenditure allocation in the FY27 budget, which is expected to boost demand further, according to a report by Nuvama.
The outlook for the Indian cement sector is improving as both demand and prices are likely to rise in the coming months, according to a report by Nuvama Research.
The demand is expected to rise in the cement sector as the government spending ramps up, and it could pave the way for price hikes across regions in April 2025, said a report by Nuvama.