India to import more cement from Pakistan
'Pakistan Times' Business & Commerce Desk

NEW DELHI (India): India will facilitate import of more cement from Pakistan to stabilise prices in the market.

Talking to reporters here on Monday, Secretary in the Department of Industrial Policy and Promotion Ajay Shankar said during the last year, the prices of cement in India have been reasonably stable.

Ajay Shankar said the government expects a balance in demand-supply of cement in the current fiscal. The government is keeping a constant watch on the price situation of both steel and cement.

More cement will be imported from the neighbouring country, he said

The import of cement from Pakistan has increased manifold during the last four months. India has registered a number of Pakistani cement manufacturers, a requirement to facilitate import of cement.

Pakistan has already increased the frequency of trains from one to three in a week to carry cement from Pakistan to Wagah border.

Due to boom in construction industry, India needs cement in bulk to meet its growing needs.●