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11.04.2016 12:06:00

CRH plc -- Moody's: India plans to boost infrastructure spending is good news for Europe's cement makers

Frankfurt am Main, April 11, 2016 -- European cement manufacturers with a presence in India are likely to benefit if the Indian government's plans to ramp up infrastructure spending come to fruition in the next 12-18 months, says Moody's Investors Service today in a new report. India's 2016 Union Budget, announced on 29 February, contained plans to hike public infrastructure spending, especially on roads, which could revive stagnant cement demand in the country.

Vollständigen Artikel bei Moodys lesen