India eyes cementing gains over China in another arena as economic woes persist in the world s second largest economy largely rocked by property crisis. Forecasts predict India s cement demand growth for property, diverging from China s sluggish sector, though China s cement producers may stabilize margins while India s might be limited by rapid production expansion.
According to a report by the Council on Energy, Environment and Water (CEEW), the steel and cement industry in India will need an additional investment of Rs 47 lakh crore to achieve net-zero carbon emissions. The report suggests that adopting efficient technologies can lead to a significant reduction in emissions without any price increase. It also highlights that reducing emissions by 33% can be achieved with a relatively small portion of the additional investment and operational expenditure.