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The Indian Interim Budget 2024 has allocated ₹11.11 lakh crore to capital expenditure
The Indian Interim Budget 2024 has allocated ₹11.11 lakh crore to capital expenditure, which is 3.4% of the GDP. This is a positive sign for the construction material sector, as it is expected to boost infrastructure development and increase demand for construction materials.
8 February 2024
Understanding Cement Trade in India
Understanding Cement Trade in India Cement sales in India are split into two categories: 1. Non-trade: Sold in bulk directly to the government or large institutions. This is a "volume game" with lower margins due to high-quantity discounts. 2. Trade: Sold to smaller buyers (like individual retai
India Construction Market size
The India Construction Market size is projected to be USD 0.74 trillion in 2025, USD 0.79 trillion in 2026, and reach USD 1.10 trillion by 2031, growing at a CAGR of 6.87% from 2026 to 2031. Accelerated highway contract awards, renewable-energy build-outs, and rapid data-center expansion continue to
Know about your Jharkhand State
Jharkhand is one of the richest mineral zones in the world. The state boasts of 40% and 27.3% of India’s mineral and coal reserves respectively. The state’s total coal production stood at 156.48 million tonnes in 2023. It is the only state in India to produce coking coal, uranium, and pyrite. The st
Know about your Bihar State
Bihar is one of the fastest-growing states in India. The state's GSDP at current prices is projected to reach ₹10.97 trillion (US$ 128.89 billion) in 2025-26, expanding at a CAGR of 11.42% between 2015-16 and 2025-26. It boasts strong agricultural production, standing as the number one state in the
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