RM
Rajesh Menon• 2h ago
The Indian cement industry is projected to experience a robust growth of 7-8% in FY26, with key players UltraTech Cement and Ambuja Cements forecasting expansion rates of 12% and 10%. JK Cement might achieve a growth rate of 14%. However, rising cement prices by 2-3% quarter-on-quarter are expected to counterbalance input costs. Post-election fuel price increases could potentially squeeze profit margins for the sector.