- In March 2025, UltraTech Cement expanded its production capacity in India with a new plant to cater to the rising demand for cement in infrastructure and residential projects
- In 2024, India's cement industry witnessed over 10 major deals, marking the busiest year for the sector in a decade. These transactions, valued at over USD 3.5 billion, were primarily led by major players such as UltraTech Cement and Adani-promoted Ambuja Cements, focusing on consolidating assets in South India
- In November 2024, rating agency ICRA adjusted its volume growth forecast for India's cement industry to 4-5% for the fiscal year 2025, down from an earlier estimate of 7-8%. This revision was attributed to a slower-than-expected ramp-up in construction activity following the general elections
- In December 2024, Quikrete, the largest cement manufacturer in the U.S., announced plans to acquire Summit Materials Inc. for USD 11.5 billio
- As of January 2025, Egypt has notably increased its production and export of energy-intensive commodities, including cement. The country's cement exports have doubled since 2022 and surged by 350% since 2019, benefiting from government support aimed at expanding its industrial sector
