Sector Snapshot · Other Construction Materials

India's Construction Materials Ride the Infrastructure Boom

A fast-read primer on India's broader construction materials sector — the backdrop against which we benchmark every company's cost structure in this category.

Rs 12.22 lakh cr

Infrastructure capex outlay, Union Budget 2026-27

166.7

Index of Eight Core Industries, Feb 2026

8-9%

Cement demand growth through FY26

9.2%

Cement production growth, FY26

Rs 52,266.94 cr

FDI in cement & gypsum products since April 2000

Core Industries and Cement Output Both Keep Rising

The core industries index and cement production are both tracking the same upward infrastructure-led trend.

Index of Eight Core Industries

Feb 2025 → Feb 2026

163.0

Feb 2025

166.7

Feb 2026

Cement Production (million tonnes)

FY25 → FY26 estimate

453 MT

FY25

490 MT

FY26E

What's Pushing the Sector Forward

Government capex, rising investment, and structural growth in construction demand all reinforce this category.

Budgetary Push

Infra capex raised to Rs12.22 lakh crore in FY27

Rising Investment

FDI in cement & gypsum products reached Rs52,266.94cr since 2000

Structural Advantage

Steel and cement both posted strong growth in the core industries index

Recent Developments

A sample of the industry-wide and policy moves shaping the sector through early 2026.

→ The Index of Eight Core Industries rose to 166.7 in February 2026, from 163 a year earlier.
→ Steel and cement production both posted strong growth, 9.7% and 9.2% YoY respectively.
→ FDI inflows in cement and gypsum manufacturing reached Rs52,266.94 crore since April 2000.
→ Odisha approved cement plant investment proposals worth Rs2,000 crore each from NCL Industries and Dalmia Cement.
→ India's cement industry is projected to grow at a 5.1% CAGR from 2025 to 2030.
→ The government's infrastructure push continues to be a major demand driver for construction materials.

Companies We Benchmark in This Sector

Listed Indian Other Construction Materials companies in tDoBe's cost-benchmarking coverage.

Midwest Energy

Ramco Industries

BirlaNu Ltd

Arisinfra Solutions

Everest Industries

Vishnusurya Projects

Teamtech Formwork

Sahyadri Industries

Marble City India

Nichi Granites & Marbles

Glittek Granites

Ravi Leela Granites

Divyashakti

Associated Ceramics

MCON Rasayan India

Lortha Finance

Jai Mata Glass

Neelkanth Rock Minerals

See How These Companies Compare on Cost

The numbers above set the stage. Our Report translates it into a company-by-company cost benchmark — down to the category — so you can see exactly where a business sits against its peers.

Explore the Other Construction Materials Report