Budget 2021: Industry expects 10% increase in budgetary allocation to various ministries in infrastructure sector
Budget 2021: Industry expects 10% increase in budgetary allocation to various ministries in infrastructure sector
The Cement industry is part of the core industrial sector and plays a crucial role in building up the nationâs economy. Cement demand is closely linked to the overall economic growth, particularly of the housing and infrastructure sector. Increasing demand from affordable housing and construction and from other government infrastructure projects like roads, metros, airports, irrigation etc. are demand drivers which support cement demand.
Pandemic induced government lockdowns has affected the demand-supply dynamics of the industry which has led to production and capacity utilisation falling to an all-time low. Prior to the onset of the COVID-19 pandemic, the cement industry was already impacted by the general economic slowdown prevalent in the Indian ec
New Delhi, January 1
Prime Minister Narendra Modi on Friday said the Light House Projects being executed with modern technologies in six states will show a new direction to the housing construction s