DEMAND FORECASTING FOR CEMENT IN INDIA 2030

The paper estimates the demand forecasting for cement in India for 2030 based on exponential demand forecasting, linear forecasting and polynomial method. Cement being an important raw material for construction and infrastructure developments it supports in constructing a better nation. Three different methods for forecasting of cement production is done. The exponential method is suitable for high economic activity in India and polynomial (degree two) for average level of economic activity and linear forecasting for a low level of economic activity in the country