The data suggests a steady growth in the import of Portland Cement, other than white cement, to India from 2024 to 2028. Starting at 1.895 billion kilograms in 2024, imports are expected to rise to 2.1797 billion kilograms by 2028. This indicates an average annual growth rate (CAGR) over the five-year forecast period. In 2023, the import value was lower than 2024, marking an upward trajectory in demand and consumption.
Future trends to watch for include:
- Infrastructure development projects that may drive increased cement demand.
- Changes in government policies affecting import tariffs and quotas.
- Environmental regulations influencing production processes and costs.
