Financial markets may still be facing bumpy rides, but the building material sector looks set to build on its gains.
That's not without reasons. Last week, the government approved construction of over 3.18 lakh more affordable houses in urban areas under the Pradhan Mantri Awas Yojana (Urban) PMAY (U) scheme, taking the total to 51 lakh units.
The move is music to the ears of those in the building materials sector, including the tiles industry.
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