Aditya V Agarwal, Director, Emami Group

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Aditya-V-Agarwal,-Director,-Emami-Group

The Budget will have a positive impact on the cement sector with infrastructure investments and affordable housing to drive demand. Cement companies are expected to see superior volume growth given the government’s focus on housing for all, smart cities (99 already identified) and building toilets under Swachh Bharat Abhiyan (to construct over 2 crore toilets during next financial year).   It must be noted that most of cement demand comes from housing segment. The Budget proposes to create an 88 lacs new houses, which will ultimately trigger the demand for cement.

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