India is the world's second largest region for cement - both in terms of production and consumption. Growth in the cement industry is driven by investments in infrastructure, housing and urban development.

Our share is about 50:50 for expansion and replacement requirements.

The performance of 3,292 companies in Q1 FY19 over the last year (Q1 FY18) reveals an improvement, with net sales registering a double-digit growth during the quarter over Q1 FY18 performance.

The ongoing unrest in the Kashmir Valley has had a major negative impact on the state´s cement industry. The sector has suffered a loss of nearly Rs 200 crore, as the disturbance has put almost all industries to a halt, thereby further denting the sluggish economy of the state.