Cement Dealers See Demand Drop 25-30 percent This Season

摘要

Cement dealers in Mumbai are facing a 25-30 percent drop in business this monsoons as compared to last year. Slowdown in the real estate and construction activity along with delayed payment from the builders have put pressure on the dealers." This year, there is about 25 percent de-growth in business. The markets are in a bad shape and builders are not able to roll the money in construction. Also, real estate slowdown has started, which is taking a toll on our business," said a Mumbai-based dealer on condition of anonymity.