As of Q1 2022, Mumbai, Kolkata saw the highest construction prices
Tag: cement industry
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Post Budget Analysis | Cement
Improved rural incomes, higher rural credit and increased allocation for the rural, agricultural and allied sectors are likely to boost rural demand, including the requirement for rural housing.
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Smoothening the cement deliveries
The cement industry in India is driven by the immense growth in housing and commercial sectors, infrastructure development, and construction of the transportation ecosystem.
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Concrete Plan!
The Modi Governments initiative to build all new highways using concrete in place of bitumen, has brought cheer to road sector experts as well as the cement industry. But contractors are worried about their future business prospects.
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Railway freight to impact cement industry
The proposed 5.79 per cent increase in rail freight as per the recent Railway Budget may impact the margins of the cement industry. Around 50 to 60 per cent of the freight expense of a typical cement company is related to rail freight,
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There is a huge potential to enhance our cement consumption
Consumption of cement can be enhanced by giving major thrust for the development of infrastructure apart from providing a level playing field with the global cement exporters by re-imposing the basic import duty on cement, presently zero,
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We hope to see a revival soon
Vinita Singhania, Managing Director, JK Lakshmi Cement, believes that the cement demand will dramatically increase from Tier II and II cities and even rural markets.
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Rail freight hike may impact cement margins : India Ratings
The proposed 5.79% increase in rail freight as per the Railway Budget 2013-2014 may negatively impact the margins of the cement industry. In the event cement manufacturers are unable to pass on the rail freight cost hike, their operating margins may reduce by 75bps-100bps.