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Recently, LafargeHolcim (LafargeHolcim) India branch said that with the booming infrastructure and housing industry, it is expected to drive Indian cement demand to increase by 15-17% year-on-year in 2021, thereby supporting coal and petcoke demand.
? It is understood that the Indian government plans to invest 77.
7 billion US dollars in infrastructure construction in the country by 2022.
It is estimated that by 2025, the urban population of India will increase from 463 million in 2020 to 525 million.
The increase in demand for housing and related infrastructure may further stimulate cement demand.
? LafargeHolcim is one of the world's largest cement producers.
The company predicts that India's cement demand will increase from 295-300 million tons last year to 345-350 million tons in 2021.
In the first half of 2020, the outbreak of the new crown pneumonia epidemic caused a slowdown in cement production in India.
In the second half of the year, the sales and profits of cement manufacturers have increased significantly.
Together with the government's support policies and the increase in production capacity of manufacturers, it is expected to drive local thermal coal and petroleum coke.
Consumption.
? Data show that due to the increase in demand from the non-electric power industry in India, from October to December last year, the Coal Company of India supplied 36.
62 million tons of coal to the industry, a year-on-year increase of 43.
4%.
? It is understood that the Indian government plans to invest 77.
7 billion US dollars in infrastructure construction in the country by 2022.
It is estimated that by 2025, the urban population of India will increase from 463 million in 2020 to 525 million.
The increase in demand for housing and related infrastructure may further stimulate cement demand.
? LafargeHolcim is one of the world's largest cement producers.
The company predicts that India's cement demand will increase from 295-300 million tons last year to 345-350 million tons in 2021.
In the first half of 2020, the outbreak of the new crown pneumonia epidemic caused a slowdown in cement production in India.
In the second half of the year, the sales and profits of cement manufacturers have increased significantly.
Together with the government's support policies and the increase in production capacity of manufacturers, it is expected to drive local thermal coal and petroleum coke.
Consumption.
? Data show that due to the increase in demand from the non-electric power industry in India, from October to December last year, the Coal Company of India supplied 36.
62 million tons of coal to the industry, a year-on-year increase of 43.
4%.
