Cement Industry set for major expansion with Budget’s infra boost
The Cement Manufacturers’ Association (CMA) has welcomed the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, lauding its focus on infrastructure development, housing, and economic expansion. The Budget reaffirms the government’s commitment to rural and urban growth, employment generation, and sustainable investment, positioning India for long-term economic resilience
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Mumbai, Feb 04: The Cement Manufacturers’ Association (CMA) has welcomed the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, lauding its focus on infrastructure development, housing, and economic expansion. The Budget reaffirms the government’s commitment to rural and urban growth, employment generation, and sustainable investment, positioning India for long-term economic resilience.
Cement Sector to Benefit from Infrastructure Push
Speaking on the Budget, Neeraj Akhoury, President, Cement Manufacturers’ Association (CMA) and Cement Ltd., stated,"This Budget, announced under the leadership of Prime Minister, Narendra Modi, marks a significant step toward holistic and inclusive development. The government's focus on infrastructure expansion will unlock tremendous opportunities for the cement industry. Increased investments in highways, railways, and urban infrastructure will stimulate demand for construction materials, allowing the sector to expand its capacity while embracing sustainable innovations."
He further noted that the continued emphasis on large-scale housing projects and core infrastructure will help the Cement Industry achieve a stable CAGR growth of over 6% in installed capacity this fiscal year.
Technological Innovation and Private Sector Investment in Focus
Parth Jindal, Vice President, Cement Manufacturers’ Association (CMA) and MD, JSW Cement Ltd., highlighted the Budget’s forward-looking approach, saying,
"The 2025-26 Budget paves the way for a future-ready cement industry aligned with India’s ‘Viksit Bharat 2047’ vision. The ₹1.5 lakh crore in 50-year interest-free loans for states and ₹20,000 crore allocation for innovation will accelerate advancements in green cement technology, sustainability, and digital transformation in the sector."
He also emphasized that the three-year pipeline of PPP model projects will catalyze private sector investments, while initiatives like the five National Centers of Excellence for skill development will equip the emerging workforce to meet industry demands.
CMA lauded the government’s pro-industry regulatory framework aimed at improving ease of doing business and fostering trust-based governance. With the cement sector playing a pivotal role in infrastructure development, CMA reaffirmed its commitment to supporting the government’s growth vision through sustainable practices, innovation, and capacity expansion.
As Finance Minister Nirmala Sitharaman stated, the next five years offer a unique opportunity for ‘Sabka Vikas’ (inclusive growth). The cement industry will continue to be a key driver of nation-building, contributing to India’s infrastructure-led economic transformation.
