India Cement Sector Report 2025-2026

The cement sector is pivotal in the country's economic growth, serving as a critical foundation for nation-building sectors such as housing, infrastructure, and industrial and commercial development. The sector's significance, one of the eight core sectors, is manifested by its multiplier effect of 4.14x on economic output and 1.53x on GDP. The Indian cement sector is the second largest globally, only behind China. To capitalise on the immense growth potential in a growing economy with several levers, such as rising urbanization and government thrust on infrastructure development, companies are resorting to capacity expansion through the organic and inorganic routes. The Adani Group entered the cement sector in 2022 through the acquisition of Holicm's assets, and since then, the competitive intensity has increased as the top two players aim to increase their capacity market share. The industry is undergoing a shift towards sustainability as it aims to reduce its carbon footprint amid rising environmental concerns. Large cement companies are actively embracing the adoption of alternative fuels, reduction in the clinker factor, and integration of carbon capture, utilization, and storage (CCUS) technologies along with process optimisation. Companies are also adopting circular economy practices to reduce waste by reusing materials and recycling by-products.

This report provides a complete and detailed analysis of the "Cement and concrete production" sector for India. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Cement and concrete production" sector in India
• Crystallise the forces both driving and restraining this sector in India
• Ascertain India’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in India.
• Build a clear picture of trends, output and consumption for specific sub-sectors