India's cement demand has consistently shown double-digit growth over the past few quarters, primarily driven by infrastructure spending. However, dealers and industry executives note that state elections, festival season, and, in some markets, weddings and pollution may temporarily disrupt this demand story. While the festival season typically sees a slowdown in construction activity, some dealers anticipate this lull extending throughout the entire month as multiple states enter election mode.
'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'
Companies are looking to combine risk management with strategy.
The Small Industries Development Bank of India will shortly launch a Rs 500 crore venture capital fund for small companies