Category: Industry Overview
The 224-million-tonne cement industry is set to grow at 10 per cent in June. From the initial numbers of top cement makers, it is clear that industry is continuing its growth by 10%
Since November last year, the domestic cement sector has managed to keep its growth over 8 per cent on the back of good demand for the building material. It struck a growth of as high as 13 per cent in the beginning of the current financial year in April.
The main factors which kept the momentum going in June as well was the delayed monsoon which gave additional time for construction activities and UPA back in power and pro reform mood kept the demand going up.