India: cement consumption volume 2023

In 2023, India was the second largest producer of cement in the world. Consumption of cement at that time stood at around 375.2 million metric tons.

Cement demand in India

The market has been dominated by the private sector, having about 98 percent of the total production capacity. Rural and urban housing were the major consumers of cement in 2021, accounting for nearly 60 percent of the domestic demand.

Infrastructure in India

One of the key drivers for the Indian economy was infrastructure. In 2023, this sector had an FDI equity inflow of around 1.7 billion U.S. dollars. In financial year 2021, over a trillion Indian rupees of infrastructure investments went into the real estate sector across India.

Consumption volume of cement in India from financial year 2009 to 2023 (in million metric tons)

Characteristic	Consumption in million metric tons
FY 2023	375.2
FY 2022	351.1
FY 2021	285.3
FY 2020	327.9
FY 2019	328
FY 2018	289
FY 2017	270
FY 2016	272
FY 2015	257
FY 2014	249
FY 2013	243
FY 2012	230

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Source

Use Ask Statista Research Service

Release date

August 2024

More information

Region

India

Survey time period

FY 2009 to FY 2023

Supplementary notes

Figures from previous reports have been incorporated.

Note: India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

Citation formats