The draft regulations specified 10% but the mandate is likely to be kept at 8 %.
The agency expects that the credit risk profiles of manufacturers will remain stable.
The cement sector plans to invest ?1.25 trillion in capital expenditures by FY27, according to CRISIL, reflecting strong growth prospects and increased demand.
Rs 11.11 trillion for capital expenditure (capex) was one of the key highlights of the interim budget for the fiscal year 2024-25. It has led to...
Max Tschurtschenthaler, Global Business Unit Manager, Cement, Process Industries, ABB and Joonas Rauramo, CEO, Coolbrook, explore the potential of an innovative technology venture set to be...
The fourth quarter of the last financial year was a washout for the cement sector as prices dipped across the country. From a drop of Rs.5...
Cement companies likely to invest to add metric tonnes capacity
According to a report released by the rating agency Crisil, the operating profitability of cement producers will decrease by about 15 per cent on-year to between...
The sharp decline in demand in FY2021 will delay capacity addition and impact profitability in the cement sector in the medium-term, warns a CRISIL report. The...
Following flatlining demand growth in FY 20, the impact of Covid-19 is expected to see cement demand contract by anywhere between 10 to 25 per cent...
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