Government Spending on Infrastructure to Create Huge Cement Demand
The demand for cement is correlated with the growth of housing, commercial and infrastructure sectors of a country. In India, the government is focusing to develop its infrastructure and taking initiatives to promote affordable housing. During the Twelfth Five Year Plan (2012-17), the Government of India plans to increase its investment in infrastructure to US$ 1 Trillion, which is nearly double of the US$ 514 Billion expected to be spent on infrastructure development under the Eleventh Five Year Plan (2007-12)....
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