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India's Cement Industry Poised for Growth Despite Export Decline

  • 11-Jun-2024
  • India's Cement Industry Poised for Growth Despite Export Decline

Cement Export from India

India's cement sector is booming thanks to increased domestic demand from building and government projects. However, exports have declined from 33,73,000 metric tonnes in 2015-16 to 11,66,000 metric tons in 2021–22.

Despite its export downturn, India remains the world's largest exporter by volume. India's largest exporters are UltraTech Cement, ACC Cement, and Ambuja Cement.

The HS code for cement is 2523, which varies depending on the type of cement. India has the potential to be a big exporter, especially to emerging markets.

Strategic infrastructure development, updated market research reports, and efficient logistics near ports are critical to doing this.

In summary, despite a recent export dip, the Indian cement sector is primed for tremendous development, driven by domestic demand and potential export opportunities.

Source: The Rise of Cement Export from India

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