New Delhi, Leading cement makers expect a healthy growth in the range of 7-8 per cent in FY27, driven by government infrastructure spending, housing demand and urbanisation, notwithstanding short-term headwinds due to rising fuel costs amid the West Asia crisis.
Top executives of companies like UltraTech Cement, Ambuja Cements, Shree Cement, Dalmia Cement and Nuvoco Vistas, in their latest earnings calls, expressed optimism about medium-term demand, projecting industry growth in the range of 7-8 per cent, while betting on premiumisation and improved sales realisations to support earnings amid cost pressures.
