FCC

Cement/RMC and demand

2022-07-28

Cement prices have been seeing a continuous rise since 2019. CW speaks with Abhijeet Gawde, Head of Business Development and Marketing, Godrej Construction, to get a deeper understanding of what the Cement/RMC demand looks like for India.

How do you view the current market for cement/RMC in India?
The demand revival was greatly supported by the incentives offered by the Government, particularly in the real estate and construction sector. It will continue to grow in FY23 as well. Therefore, there will be modest growth in not just residential segments but also in infrastructure. These new launches lead to the requirement of Ready Mix Concrete (RMC) for faster completion of projects.