Mumbai (Maharashtra) [India], Sep 16 (ANI): Fitch Ratings said on Wednesday it expects weak property demand and a sluggish construction cycle to cause India's cement consumption to drop by more than 15 per cent in the current financial year as more than 65 per cent of domestic cement demand
New Delhi [India], Sep 2 (ANI): Domestic cement growth is expected to slow down to about 7 per cent in the current financial year as reflected in relatively weak offtake seen during the first fiscal quarter (April to June), investment information firm ICRA said on Monday.
New Delhi [India], Dec 5 (ANI): Credit rating agency ICRA has said that domestic cement demand is expected to register a modest growth of ~1 percent in FY2018 on the back of a rebound in cement demand from Q4 FY2018 as against the earlier expectations of Q3 FY2018.
New Delhi [India], Mar 30 (ANI): Credit rating agency ICRA expects cement demand growth, which has been significantly impacted post demonetisation, to recover to around four to five percent during FY2018, driven by a pick-up in the infrastructure segment, mostly road and irrigation projects