The Government of India’s measures would lead to increased construction activity – Neeraj Akhoury (Managing Director & CEO, ACC Limited)

New Delhi, December 26, 2017: The Government of India is strongly focused on infrastructure development to boost economic growth and is aiming for 100 smart cities. It plans to increase investment in infrastructure, as well as expand the capacity of the railways and the facilities for handling and storage to ease the transportation of cement and reduce transportation costs. These measures would lead to increased construction activity. So we expect that demand for cement and related products will stay on course. As one of India’s leading cement companies, we believe that India continues to offer attractive opportunities for us to work with the Government’s vision on smart cities and infrastructure. India is the second largest producer of cement in the world and we anticipate that the growth of the industry will mirror overall economic growth. We are confident about the structural robustness of the cement industry and maintain a positive outlook.

Corporate Comm India(CCI Newswire)