Ravinder Reddy, Marketing Director in Bharathi Cement, in an interview with Philip Capital said that he believes that the Indian cement makers will benefit from the reduced and rationalized excise duty structure introduced by Union Budget. 

The cement industry is facing a challenging time as declining demand brought about by the impact of demonetization has and a negative impact on cement demand. The industry will be looking at the Union Budget for some relief, as the increase in infrastructure spending would indirectly increase demand in the sector.

Read more of this interview in: ICCM Magazine Issue 34

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