Cement prices remain at higher levels even in weak season, even as demand growth is expected to moderate to single digit this fiscal from double digit growth posted last fiscal.

Industry was expecting investment booster to the economy through various construction and infrastructure projects post-polls, and the demand was affected as these hopes were belied.

Though short on implementation roadmap, the budget lays out a grand vision for the future, like Rs 100 lakh crore of infrastructure projects in next five years.

In Indian Cement Review, It is customary for us to write about the cover story of the issue, in this editorial page. That is what I have been trying to adhere to month after month.

Though short on implementation roadmap, the budget lays out a grand vision for the future, like Rs 100 lakh crore of infrastructure projects in next five years.

Steep rise in prices over four months' span have tapered off demand. Further price hikes face challenges like delayed monsoon and allegations of cartelisation of cement manufacturers.

Cement production in the country is likely to grow by 5-7 per cent during FY20 (2019-20). Roads, urban infrastructure and commercial real estate are seen as the key demand drivers for cement.

A second term for Narendra Modi-led Government means continuity of policy and opportunity to push tougher reforms, particularly - land and labour

Fluctuations in prices of various fuels and regulatory pressures are making manufacturers to choose machines that can be adapted to various fuels based on cost and other advantages.