New Delhi, Sep 3
The long-term demand outlook for India's cement sector remains robust, driven by housing, infrastructure, and urban development projects, a report said on Wednesday.
At the pan-India level, the cement prices rose 7 per cent year-on-year, increasing from Rs 330 per bag in August 2024 to Rs 354 per bag in August this year, PL Capital said in a report.
The peak during the period between July 2023 and August 2025 was seen in November 2023, when prices reached Rs 387 per bag.
As per the report, India’s cement sector saw a price drop in August, with the all-India average falling by Rs 6 per bag month-on-month to Rs 354.