Six states to drive next phase of cement capacity ramp-ups: CARE Ratings

According to report by CARE Ratings, six states will drive the next phase of cement capacity expansion in the next phase.

“Telangana, Andhra Pradesh, Odisha, Rajasthan, West Bengal and Uttar Pradesh are among the key states expected to witness the next-phase of tentative capacity addition of around 120 mtpa (million tonnes per annum) over the next decade”, said the report on the cement sector.

Rajasthan, Karnataka, Madhya Pradesh, Tamil Nadu, Andhra Pradesh and Telangana are among the leading states in terms of installed capacity.

Regionwise, the Southern region led with the highest installed capacity with a share of 33 per cent of all-India