India Cement Market Trends: Growth, Share, Value, Size, and Analysis By 2030

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As per MarkNtel Advisors The India Cement Market size was valued at around 3.96 billion tons in 2024 and is projected to reach 5.1 billion tons by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.1% during the forecast period, i.e., 2025-30. 

India Cement Market Systems Market Outlook:

The Russian Seed Market is rapidly evolving, driven by agricultural modernization, government reforms, and technological advancements. A key growth engine is the federal “Land” initiative, which aims to bring 13 million hectares of unused land into cultivation by 2030. This large-scale modernization effort is promoting the use of high-yielding, high-quality seed varieties to boost productivity and meet both domestic and export demands.

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India Cement Market Systems Market Segmentation:

By Type

-Blended

-Portland Slag Cement (PSC) - Market Size & Forecast 2020-2030F, Million Tonnes

-Portland Pozzolana Cement (PPC) - Market Size & Forecast 2020-2030F, Million Tonnes

-Portland Composite Cement (PCC) - Market Size & Forecast 2020-2030F, Million Tonnes

-Ordinary Portland Cement (OPC)- Market Size & Forecast 2020-2030F, Million Tonnes

-Others- Market Size & Forecast 2020-2030F, Million Tonnes

By End Users

-Residential - Market Size & Forecast 2020-2030F, Million Tonnes

-Infrastructure- Market Size & Forecast 2020-2030F, Million Tonnes

-Commercial - Market Size & Forecast 2020-2030F, Million Tonnes

-Industrial – Market Size & Forecast 2020-2030F, Million Tonnes

By Region

-North & Central

-South

-East

-West.

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Comprehensive Analysis: Preview detailed market analysis, including segmentation, competitive landscape, and Geographical insights –  https://www.marknteladvisors.com/research-library/india-cement-market.html

India Cement Market Driver:

Rapid Infrastructure Development in India – By 2047, India wants to achieve an ambitious target of turning into a developed country and is transforming itself for it. This has resulted in increased government spending on the country's infrastructure to attain such a vast objective. In pursuit of this targeted investment of USD1.3 trillion between 2020 and 2025, India launched the "National Infrastructure Pipeline (NIP)" in 2020 based on the public-private partnership model. It has resulted in the wide-scale infrastructure development in the country with 1,967 projects still in the under-development stage in 2024. As per India Investment Grid (IIG), the launch of the Gatishakti master plan (NMP) by India in 2021 the Indian government has 15,928 projects with a total cost of USD 2.4 trillion in 2024. These projects primarily focus on enhancing and boosting the transportation and logistics capabilities of India by connecting various economic zones of the country.

As per Morgan Stanley, India’s infrastructure as a percentage of GDP stood at 5.3% in FY24 and will increase to 6.5% by FY29. This will result in the burgeoning growth in the cement consumption of India with the heightened infrastructure spending thereby boosting India’s Cement Industry over the foreseeable future.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the India Cement Market are:

UltraTech Cement, Ambuja Cement, Shree Cement, ACC Limited, Dalmia Bharat Group, JK Cement, Nuvoco Vistas Corporation Ltd., Ramco Cement, Birla Corporation Ltd., Prism Johnson Ltd., JK Lakshmi Cement Ltd., India Cements, and Others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

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About us

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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