According to the latest report by India Ratings and Research (Ind-Ra), demand for cement in India in fiscal year 2016/2017 is projected to grow by 4% to 6%.
Cement demand in fiscal year 2015/2016 is estimated to grow at 3%.
Demand in the current fiscal year has been weak because of the slowdown witnessed across urban and rural housing, and industrial and construction activities.
February 18, 2016
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According to the latest report by India Ratings and Research (Ind-Ra), demand for cement in India in fiscal year 2016/2017 is projected to grow by 4% to 6%.
Cement demand in fiscal year 2015/2016 is estimated to grow at 3%.
Demand in the current fiscal year has been weak because of the slowdown witnessed across urban and rural housing, and industrial and construction activities.