According to the recent results posted by All Pakistan Cement Manufacturer Association (APCMA), Pakistan's cement exports to India have been declining unabatedly since the two countries unlocked their borders for liberal bilateral trade. Exports to India dropped by a whopping 39 per cent YoY.
Media reports say that Pakistan's cement exports to India have drastically come down. Discussions regarding the most favoured nation (MFN) status to India began in 2010. However, in contradiction with moves to open up trade with India, Pakistan’s cement exports to India have since declined by 20.35 per cent.
Three concurrent events - CEMENT EXPO 2015, 3rd INDIAN CEMENT REVIEW CONFERENCE and the maiden INDIAN CEMENT REVIEW AWARDS - brought the cement industry together on a common platform; saluted resilience and excellence
´Bees saal pehle ki yeh baat hai.´ This dialogue resonated in my mind as I tapped on my Mac to bring this editorial to life. This dialogue from epic film Sholay was the best Indian version of ´long long ago´. Yes folks, we are 20 and set to take you to India 2020 with a revised menu of offerings to arm you with information to stay ahead in the business.
It is uncontested reality that ´infrastructure will drive cement demand´. This was also the theme for the Cement Expo held last month in Mumbai. The two-day event, in its one-of-a-kind format, included an expo, a full-day conference and a celebration of victory with the Indian Cement Review (ICR) Awards