The cement sales volume is expected to have a healthy 9 to 10 per cent growth in the current fiscal, led by demand from infrastructure and urban housing sectors, according to a report. In the first half of this fiscal, the industry had a volume growth of around 12 per cent in the April-September period, said a report from rating agency Icra.
However, there would be “some moderation in growth in H2” on account of below-normal monsoons on the overall crop output, adversely impacting farm.