» Indian cement industry stable in FY18 News

Indian cement industry stable in FY18

Demonetisation may lead to lower growth for cement sector, report says

Demonetisation may lead to lower growth for cement sector, report says

Tue, Feb 28, 2017

Analysts at India Ratings said, “The operating profitability of cement manufacturers in FY18 to be around the FY16 and estimated FY17 levels, due to stable demand growth, despite increase in input costs. Demand will be backed by an increase in government expenditure.”

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