Rise in construction activities to propel India's cement demand by 7-8% in FY25: UltraTech

UltraTech Cement anticipates a 7-8% growth in cement demand this financial year, driven by increased construction activities. The industry was set to add 35-40 million tonnes of capacity, mostly in the eastern and southern regions. This demand surge expected to raise the capacity utilization to 72% in FY25 from 68% in FY23.