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HeidelbergCement India says sector will grow by 7% in current fiscal year
India: The cement industry is expected to grow at 6-7% in the current 2017-2018 fiscal year, which runs from 1 April 2017 to 31 March 2018, according to HeidelbergCement India.
The company said that, while infrastructure (including a focus on concrete roads), affordable housing programmes and the prospect of a normal monsoon augur well for the industry, oversupply may restrict the ability to pass on any input cost increases.
/Global Cement
UAECEMENT.COM
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Jun ,7,2017
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