Pre-Budget expectations on the cement sector by Maitri Vira,  ICRA

Comment as below:

Maitri Vira - Assistant Vice President & Sector Head, ICRA 

"The likely sustained focus on infrastructure development, rural economy, and affordable housing in the upcoming Union Budget FY2027 is expected to augur well for the cement sector and ICRA projects 6-7% cement demand growth in FY2027. Currently, rural housing and infrastructure together account for 50-55% of cement consumption, underscoring their importance to the sector. Increased Government allocations towards roads, railways, metro projects, and urban infrastructure should translate into healthy volume visibility for cement manufacturers. While the full impact of GST rate rationalisation remains to be seen, sustained infrastructure spending and policy stability are expected to provide earnings visibility for cement companies."