Thursday, June 3, 2010

Bihar surges to become nation’s fastest growing cement market

Bihar had the fastest pace of gross domestic product increase among states in 2008-09 at 11.44%, higher than the 6.7% average growth.  A stable state government, large-scale rural infrastructure activity and increased demand from home builders have transformed Bihar from a laggard to becoming the fastest growing cement market in the country.  Cement consumption has surged as much as 35% in 2009-10 after being stagnant between 2006 and 2008 and having had a 13% rise in 2008-09, reports Mint (May 31, 2010). 

Peace and prosperity go together, isn’t it?