India’s cement industry poised to expand by 170 million tonnes in next 3 fiscals
Mumbai, Nov 12 (IANS) India’s cement industry is poised for an expansion spree, with grinding capacity of 160-170 million tonnes (MT) expected to be added between financial years 2026 and 2028, up sharply compared with the 95 MT added in the past three financial years. This is primarily fuelled by a healthy demand outlook and high capacity utilisation, according to a Crisil report released on Wednesday.