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May 31, 2019

Construction States of Growth

  • Construction sentiment score is based on a sample of ~250 respondentsat pan-India level (cement manufacturers, cement dealers, rebar dealers,real estate developers / brokers)
  • The sentiment measures the outlook on construction growth over nexttwo rolling quarters on a scale of 1 to 10 where 1 indicates major declineand 10 indicates robust rise (on a yoy basis)
  • The sentiment score at pan-India level for next two quarters fell to 5.5from previous quarter’s 6.0
  • Majority of respondents reported weak institutional demand which wasthe torchbearer for stellar growth in FY19
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