Recent reports say that cement manufacturers in India are hopeful that the government will take the promised action to boost the countryÂ’s industrial climate. Cement demand was slightly subdued in the last financial year, forcing price hikes to maintain margins; an upswing is dependent on infrastructure investment by the government, which looks more likely in the run-up to the general elections next year.
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Indian cement producers expect govt’s aid
Recent reports say that cement manufacturers in India are hopeful that the government will take the promised action to boost the countryÂ’s industrial climate. Cement demand was slightly subdued in the last financial year, forcing price hikes to maintain margins; an upswing is dependent on infrastructure investment by the government, which looks more likely in the run-up to the general elections next year.