Indian cement leaders will expand capacity by 42.1Mta in …
Analysts have suggested that the four top cement producers in India will add a collective 42.1Mta in FY24-25. This capacity expansion will equal around 10 per cent of total volumes sold in FY23-24. The analytics group CareEdge has estimated that the expansions will increase the companies' market share to 54 per cent by the end of FY25-26.
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