Cement demand in East to grow by 8-10% in FY20

Cement demand in East to grow by 8-10% in FY20

Cement demand in the eastern region of the country is expected to grow by 8-10 per cent in the current fiscal despite slowdown in the economy, industry insiders said. Demand for the construction material in the eastern part of the country will continue to be better compared to pan-India scenario in the current fiscal, according to a rating agency report. Growth in cement demand in India is expected to be lower at seven per cent in the current fiscal, down from double-digit rise in the previous year, owing to slowdown in the economy, the report said.

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