Cement demand seen up 10-12% this fiscal on infra spending: Crisil – ET Infra

Representative Image NEW DELHI: Cement demand is expected to grow 10-12% year-on-year to about 440 million tonnes in fiscal 2024, driven by strong offtake from the infrastructure segment, according to Crisil Ratings. Combined with stable cement prices and softening power and fuel costs, operating profit of manufacturers is expected to recover by ~Rs 200 per […]

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