Cement/RMC and demand

Cement prices have been rising continuously since 2019. CW speaks with Abhijeet Gawde, Head of Business Development and Marketing, Godrej Construction, to get a better understanding of what the Cement/RMC demand looks like for India.

The rebound in demand was strongly supported by government stimulus, particularly in the real estate and construction sectors. It will also continue to grow in FY23. So there will be modest growth in not only residential segments, but also infrastructure. These new launches lead to the requirement of Ready Mix Concrete (RMC) for faster project completion.

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