Ravi Karandeekar's Pune Real Estate Market News Blog: Cement sector pins hopes on construction boom

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Wednesday, June 20, 2007

Cement sector pins hopes on construction boom

The cement consumption projections by National Council of Applied Economic Research (NCAER), on a conservative basis, have placed the cement demand at 225 mn tonne by the fiscal year (FY) 2011.

If the government went ahead with infrastructure projects as planned, consumption was likely to be much higher at 291 mn tonne.

The pressure on supply was expected to be eased by increased manufacture of blended cement..........Cement sector pins hopes on construction boom