The cement industry is expecting a reduction in excise duty. However, Unicon Investment says that the government is unlikely to reduce excise duty in this sector.
With country's GDP pegged to grow more than 8% annually going forward, cement industry is likely to grow in double digit over long term and outlook for demand remains positive, says Unicon Investment.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
