Dalmia Bharat remains optimistic about the cement industry's growth prospects and expects cement demand to expand at a compound annual growth rate (CAGR) of 6-7 per cent over the next few years, driven by government-led infrastructure spending, private-sector investments, and rising housing demand amid increasing urbanisation.
Dalmia Bharat plans to raise Rs 4,000 crore to expand its cement capacity. The company aims to achieve a capacity of 110-130 MTPA by FY31. It holds an optimistic outlook for the cement industry, forecasting a compound annual growth rate of 6-7 per cent, fueled by government…
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