Gaurav Markanda, CEO & Co-Founder, Let’s Konstruct
“Lower GST on cement, combined with reductions on other materials (e.g., from 12% to 5% on certain inputs), will directly cut project costs for roads, bridges, and public works. This supports government initiatives like highways and urban development, potentially accelerating timelines and increasing investment in infra projects. The reduction is a major relief for the housing sector, especially affordable housing, by lowering construction costs and making properties more price-competitive.
The GST cut is broadly welcomed as a pro-growth measure that eases costs without significant fiscal trade-offs, fostering a positive outlook for the cement sector while catalyzing activity in infrastructure and real estate. If prices are fully passed on, it could contribute to broader economic momentum.”