News > Cement volumes to grow 7-8 pc in FY25, top 5 firms to solidify market share

Cement volumes to grow 7-8 pc in FY25, top 5 firms to solidify market share

The government's focus on infrastructure projects, sanction of additional houses under the Pradhan Mantri Awas Yojana (PMAY), and the industrial capex is expected to meaningfully improve cement volume offtake in the second half of this fiscal, according to the report by ICRA. The market share of the top five cement companies is likely to increase to 58-59 per cent by March 2026, from 54 per cent as of March this year, the report said.