In my view, the infrastructure sector in India is looking upward with major investment and expansions plans. India’s cement industry, which is a 224 million – tonne industry is set to grow at 10 per cent in June, thanks to spending on infrastructure and housing projects together with industrial expansion. Since November last year, the domestic cement sector has managed to keep its growth over 8 per cent on the back of good demand for the building material. It struck a growth of as high as 13 per cent in the beginning of the current financial year in April.
