C. OUTLOOK |
CEMENT |
Even though, India is the second largest cement producer in the world, the per capita cement consumption is only 156 Kg., as against the world average of 396 Kg. Therefore, there is enormous opportunity for the growth of Cement Industry. This country has huge potential for cement consumption growth, considering major emphasis of the Government on infrastructure development and boost to housing sector through measures like easy finance, provision of tax incentives etc. |
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TYRE |
Fortune of Tyre Industry is linked to the automobile & transportation sectors. Future looks bright due to various economic fillips by the government, large infrastructure spending and positive market sentiment. |
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RAYON & TRANSPARENT PAPER |
The sales outlook of VFY appears positive owing to signs of revival in consumer off-take. However, focus will continue to be on increasing share of value added yarn and improving yarn quality. |
Realisations of TP are expected to be under pressure due to cheap imports and substitutes. The Government should consider to provide some incentives to encourage bio-degradability and eco-friendly attributes of this product. |
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HEAVY CHEMICALS |
Improvement in demand for joint products – Chlorine, Hydrochloric Acid and Hydrogen Gas was witnessed during the second half of the year under review, which is expected to be sustained and is likely to result in better realization for the products. |