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Cement makers lower FY25 outlook on extreme weather, low govt spending

By Economic Times - 3 weeks ago
India's leading cement producers have lowered their FY25 growth forecasts from high-single digits to mid-single digits due to a challenging first half marked by extreme weather, slowed government spending, and election-related labor shortages. The industry experienced a significant slowdown from the double-digit growth witnessed in the previous three fiscal years.

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