Indian cement maker, Ambuja Cement is witnessing a sharp recovery in demand after COVID-19 had posed a temporary pause in economic activity. The cement industry reported a decline of 11% during the whole year, while Ambuja Cement’s volume declined by 6%, said N.S. Sekhsaria, the group’s chairman in the company’s annual report addressing the stakeholders.
“The government’s mega push on affordable housing and infrastructure will further widen the opportunity horizon for us, as the Indian