Economy & Market

Cement demand to grow 6% in FY17: ICRA

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Demand for cement is likely to grow by 6 per cent in the current fiscal and further rise to 7 per cent in 2017-18, on improvement in infrastructure segment, says a report of ICRA. According to rating agency ICRA, cement demand was relatively muted at 5 per cent in 2015-16.

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