Cement Sector Sees 9% Volume Surge in May; FY26 Output Projected at 480 MT Amid Price Recovery
India’s cement industry continues its growth streak in FY26, with May 2025 marking a significant uptick in production and pricing. According to ICRA, cement volumes in May rose by 9% year-on-year (YoY) to touch 39.6 million metric tonnes (MT), buoyed by continued demand from the housing and infrastructure sectors. Average cement prices also climbed by…