Cement Companies Likely To Invest Rs 1.2 Lakh Crore To Add 145-155 MT Capacity By FY27: Crisil

Housing demand will drive demand, nudging cement-makers to add 145-155 MT in fresh capacity at an investment of Rs 1.2 lakh crore by FY27.

With 570 million tonne of installed capacity, India is the world's second-largest cement producer after China.

The top 5 will drive a lion's share of incremental capacity addition over the medium term.