New Delhi, Dec. 30 -- India's cement industry is expected to witness steady growth in the coming years, with cement volumes projected to expand by 6-7 per cent in FY27, supported by sustained demand from the housing and infrastructure sectors, according to a report by rating agency ICRA.

The agency noted that the industry is likely to maintain its healthy momentum after registering a 6.5-7.5 per cent growth in FY26, despite a higher base in the second half of FY25. Cement demand remained robust in the current fiscal year, with volumes rising by 8.5 per cent during the first eight months of FY26, aided by strong construction activity across regions.

ICRA expects demand to improve further in the second half of FY26 as post-monsoon constru...