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  Revival is in the Offing
The demand growth trend picked up steam in FY18. Expectations are rife that FY19 will consolidate these gains and result in higher capacity utilisation, if not pricing power.

“India has miles to go in cement consumption”
India has miles to go in terms of cement consumption and there is enough headroom for strong cement demand.

“Green shoots seen in housing segment last fiscal”
Green shoots in IHB (Independent House Building) segment were witnessed in the last fiscal. Further, revival in rural economy is also aiding demand growth.

“RMC business will see a growth of 7-10% in the next 5 years”
Nuvoco Corporation (formerly LaFarge India) was acquired by Nirma about 18 months back. Nuvoco has three business verticals – cement, ready mix concrete (RMC) and aggregates.

Cement Makers Bullish on FY2019
Cement is never used as cement alone but is always converted to a value-added product in practice.

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