The India ready mix concrete market size reached USD 80.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 167.00 Billion by 2033, exhibiting a growth rate (CAGR) of 9.56% during 2025-2033. Urbanization, infrastructure projects, government initiatives, real estate growth, smart city developments, highway expansion, rising high-rise construction, cost efficiency, sustainability focus, labor shortages, advanced batching technologies, quality consistency, time-saving benefits, foreign investments, and increasing demand for durable building materials are driving India’s ready-mix concrete market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 80.50 Billion |
Market Forecast in 2033 | USD 167.00 Billion |
Market Growth Rate (2025-2033) | 9.56% |
Rising Demand for Sustainable and Green Concrete Solutions
Sustainability is reshaping India's ready-mix concrete (RMC) market as the construction industry increasingly adopts eco-friendly materials and low-carbon technologies. Green concrete, which incorporates recycled aggregates, fly ash, and slag, is gaining traction due to environmental regulations and corporate sustainability goals. Government programs like the Green Rating for Integrated Habitat Assessment (GRIHA) and Leadership in Energy and Environmental Design (LEED) certifications are encouraging developers to adopt sustainable ready-mix concrete (RMC) solutions. In 2023, around 28% of the RMC produced in India included supplementary cementitious materials such as fly ash and Ground Granulated Blast Furnace Slag (GGBS), contributing to lower carbon emissions. By 2025, this percentage is expected to rise to 35%, driven by stricter environmental norms and growing awareness. Moreover, several leading RMC manufacturers have announced carbon-neutral production goals, with companies investing in carbon capture and utilization (CCU) technologies. Additionally, the demand for self-healing and pervious concrete is increasing, particularly in metro projects and smart city developments, where water conservation and longevity are crucial, creating a positive outlook for market expansion.
Expansion of Infrastructure and Mega Projects
The Indian government’s push for large-scale infrastructure projects is a significant driver of RMC market growth. Massive investments in highways, metro rail, airports, and smart city projects are creating a surge in demand for high-quality, pre-mixed concrete. Under the Pradhan Mantri Gati Shakti National Master Plan, infrastructure spending is set to exceed ₹100 lakh crore ($1.2 trillion) by 2025, with RMC playing a critical role in ensuring efficiency and quality control in construction. The National Highway Development Program (NHDP) aims to build 25,000 km of new highways by 2025, with RMC demand growing at 10% annually due to its consistency and faster construction capabilities. Similarly, metro rail projects across cities like Delhi, Mumbai, Bengaluru, and Chennai are expected to require over 50 million cubic meters of RMC by 2025. This rising demand is also fueling investments in automated batching plants and digital quality control systems, which enhance precision and reduce material wastage. Prefabrication and modular construction techniques are further boosting RMC adoption, especially in urban housing and commercial real estate. With India’s construction sector accounting for over 9% of GDP, infrastructure expansion is cementing RMC’s position as a preferred material, bolstering the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product and end use sector.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes central mixed, shrink mixed, and transit mixed.
End Use Sector Insights:
A detailed breakup and analysis of the market based on the end use sector have also been provided in the report. This includes commercial, industrial and institutional, infrastructure, and residential.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | Central Mixed, Shrink Mixed, Transit Mixed |
End Use Sectors Covered | Commercial, Industrial and Institutional, Infrastructure, Residential |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: