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Cement firms in India post strong growth due to increased sales and government infrastructure spending.
Cement companies in India saw strong growth in the June quarter due to higher sales, increased government spending on infrastructure, and lower costs.
Major firms like UltraTech Cement and Ambuja Cements reported double-digit volume growth and a 7% increase in cement prices.
The industry expects to see continued improvement, aiming for about 7% growth in the next fiscal year, boosted by infrastructure projects.
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Las firmas de cemento en la India registran un fuerte crecimiento debido al aumento de las ventas y el gasto gubernamental en infraestructura.