💨 Abstract

In India, a rise in cement prices and labor shortages due to heatwaves have affected demand for construction material, as per a report by Prabhudas Lilladher. Discussions with dealers revealed that while demand remained steady in most regions, it declined in certain markets due to labor shortages. Key markets like Chennai and Hyderabad saw steep price hikes, which led to a decrease in sales.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖