CMA hails cement corridor announcement in budget

Hyderabad: The Cement Manufacturers’ Association (CMA) has expressed its happiness with the recently introduced Interim Budget. The industry is particularly pleased with the announcement of cement corridors under the railways, which will help improve logistics efficiencies and boost multimodal connectivity. The CMA is the apex body of large cement plants in India, representing almost 75 per cent of total installed cement capacity. CMA applauded FM’s announcement for railways corridors for Cement, Mineral and Energy sectors.

Neeraj Akhoury, President, Cement Manufacturers Association (CMA) “The Cement Manufacturers’ Association (CMA) applauds the Government of India led by Prime Minister, Narendra Modi, for lending stability with growth to the country for a Viksit Bharat. We commend the Finance Minister Nirmala Sitharaman for the Interim Budget 2024-25 that focuses on social and economic inclusivity towards balancing the aspirations of the people with the requirements for India’s sustainable growth.” Parth Jindal, VP, CMA and MD, JSW Cement Ltd, said: “At the core of the announced Budget are speed, innovation and scale, which are indeed driving India’s economic growth engine. The Cement Manufacturers’ Association (CMA) resonates with PM Narendra Modiji’s vision and the Government’s intent to strengthen and boost India’s progress by creating sustainable business value chains.”