In India, the share of non-metallic minerals in total domestic material consumption is forecasted to gradually increase from 43.91% in 2024 to 44.77% in 2028. This reflects a steady upward trend beginning at 42.77% in 2023. The projected annual percentage increases indicate a consistent growth rate with a compound annual growth rate (CAGR) over the five-year period.
Future trends to observe include:
- Infrastructure development driving demand for non-metallic minerals.
- Government policy changes affecting mining and consumption.
- Technological advancements influencing material usage efficiency.
