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18-Mar-2026

India’s Cement Sector Enters a Multi-Decade Growth Supercycle Driven by Infrastructure and Urban Expansion

Strong infrastructure push, housing demand, and low per capita consumption position India’s cement sector for sustained, GDP-outpacing growth fueled by urbanization and rising investments.


'Orient Cement released a presentation that addresses the demand for cement in various industries.

India’s real GDP grew at 6.5% in FY25 & is estimated to grow at 7.4% in FY26. India’s target to be a developed economy by 2047 $35 trillion GDP with 10-11% nominal growth rate. With rapid urbanization and rising consumption, Indian Infrastructure is at the cusp of multi-decade super cycle.

Infrastructure (roads, railways, metros), Rural housing (PMAY-G), Urban housing (PMAY-U, real estate), Industrial/commercial capex are all drivers for cement production. Cement demand consistently grows ahead of GDP, driven by infrastructure and urban development. India is 2nd cement producer in terms of quality yet per capita use is 45% below global average and 82% below China with a massive headroom for growth. Unlike mature markets focused on upkeep, India’s cement demand stems from an underbuilt economy still expanding. Structural demand driven by urbanization, income growth and public ...



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