At the end of fiscal year 2019, the net sales value of UltraTech Cement was around 357 billion Indian rupees. This was estimated to increase to around 495 billion rupees by fiscal year 2021. In 2018, the cement production capacity of India stood close to 460 million metric tons. The increase in cement demand in fiscal year 2019 was about 13 percent, which was the highest growth since 2010.
The high demand came from the infrastructure sector due to government's focus on metro, roads, airport and irrigation projects. Under the Pradhan Mantri Awas Yojana for low-cost house construction, demand from rural areas was also significant.
Net sales value of UltraTech Cement Limited from financial year 2014 to 2019, with a forecast until 2021
(in billion Indian rupees)
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Motilal Oswal Group. (June 26, 2019). Net sales value of UltraTech Cement Limited from financial year 2014 to 2019, with a forecast until 2021 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1080851/india-ultratech-cement-net-sales-value/
Motilal Oswal Group. "Net sales value of UltraTech Cement Limited from financial year 2014 to 2019, with a forecast until 2021 (in billion Indian rupees)." Chart. June 26, 2019. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1080851/india-ultratech-cement-net-sales-value/
Motilal Oswal Group. (2019). Net sales value of UltraTech Cement Limited from financial year 2014 to 2019, with a forecast until 2021 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1080851/india-ultratech-cement-net-sales-value/
Motilal Oswal Group. "Net Sales Value of Ultratech Cement Limited from Financial Year 2014 to 2019, with a Forecast until 2021 (in Billion Indian Rupees)." Statista, Statista Inc., 26 Jun 2019, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1080851/india-ultratech-cement-net-sales-value/
Motilal Oswal Group, Net sales value of UltraTech Cement Limited from financial year 2014 to 2019, with a forecast until 2021 (in billion Indian rupees) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1080851/india-ultratech-cement-net-sales-value/ (last visited November 13, 2024)
Net sales value of UltraTech Cement Limited from financial year 2014 to 2019, with a forecast until 2021 (in billion Indian rupees) [Graph], Motilal Oswal Group, June 26, 2019. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1080851/india-ultratech-cement-net-sales-value/
