AP split: Is it ‘ache din aane wale hain’ moment for cement cos?

After years of slowing sales, cement plants not running to full capacity and falling prices, the cement industry is now talking of a revival. With a business-friendly Chandrababu Naidu as Chief Minister of Seemandhra, it is only a matter of time that big projects are announced.

Shortly before he was sworn in, Naidu met a few industry leaders and assured them of all help. More importantly, he reminded them that if Hyderabad is what it is today – the re-positioning of the city as Cyberabad, a new airport, the flyovers and the numerous high-rise office and apartment complexes – the credit should largely go to him. And, he resolved that he would do one better for the new capital, as and when it is chosen and work starts.

Source : http://www.thehindubusinessline.com/companies/ap-split-is-it-ache-din-aane-wale-hain-moment-for-cement-cos/article6147671.ece


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Categorised in: Infrastructure, Manufacturing, Sector News

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