India’s cement demand to grow by 4-6%

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 Read time: 1 min

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.

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