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,
Tag: realisation
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Captive port policy
Union Minister of Shipping, GK Vasan informed that as per existing Captive Policy, cases where 100 per cent captive facilities (land or waterfront) including captive oil jetties,