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What percentage increase in cement production was recorded in FY24 due to the government’s infrastructure push?
Question

What percentage increase in cement production was recorded in FY24 due to the government’s infrastructure push?

A.

5%

B.

9%

C.

11%

D.

7%

Correct option is D

Correct Answer: (D) 7%

Explanation:

  • In FY24, India recorded a 7% increase in cement production, largely due to the government’s strong infrastructure push.
  • Large-scale infrastructure initiatives such as PM Gati Shakti, Smart Cities Mission, housing schemes, and increased capital expenditure created significant demand in the cement and construction sectors.

Information Booster:

  • Cement is a key input in construction of roads, bridges, housing, industrial corridors, and urban infrastructure.
  • India is the second-largest producer of cement in the world after China.
  • The government's emphasis on 'Make in India', urbanisation, and rural connectivity further fuels cement demand.
  • The increase reflects broader growth in sectors like real estate, highways, and logistics infrastructure under public-private partnerships.

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