💨 Abstract

The Indian cement industry needs to improve profitability, with EBITDA exceeding Rs1,000 per ton for future investments, according to a report by IKIGAI Asset Manager. Achieving this would require substantial pricing support, as current margins are low despite robust demand and consolidation. The sector faces challenges from expiring limestone mines and the need for efficiency and pricing strategy improvements. Renewable energy could help reduce costs and improve margins.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖