Cement being bought mostly in villages, tier-II cities: Shree Cement MD

H M Bangur expects demand to return once Covid-19 cases subside and the stimulus package ensures a robust supply side

Shree Cement, among the top three cement producers in the country, is seeing supply chain and operations slowly returning to normalcy. In an interview, H M Bangur, managing director of the firm, tells Amritha Pillay that he expects demand to return once Covid-19 cases subside and the stimulus package ensures a robust supply side. Edited excerpts:
 
How do you view the stimulus package announced last week?
One needs to look at the fiscal package from two points —demand stimulation and the supply side. The government has done enough for the supply side, like, for MSMEs, a credit line has