Business Profile - Gujarat Bitumen Limited
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Products & Services Presently the main business of the Company is into infra activities and construction of roads from Bitumen and other allied products. The infrastructure industry is an integral part of the economy. As an industry, the growth of the construction sector exceeds the GDP growth, creating plenty of possibilities for development in the future. The construction sector is expected to grow rapidly in an expanding economic environment. The demand for residential buildings picked up faster and remained strong in India apart from the several infrastructural projects undertaken by the Central & State Governments. The company is intending to continue in the construction contracts business to encash the present demand. The company also intends to invest and trade in real estate and provide consultancy services to companies in the real estate market. However in the short term from time to time there will be challenges that will temper the outlook in the interim term.
Products & Services
Presently the main business of the Company is into infra activities and construction of roads from Bitumen and other allied products. The infrastructure industry is an integral part of the economy. As an industry, the growth of the construction sector exceeds the GDP growth, creating plenty of possibilities for development in the future. The construction sector is expected to grow rapidly in an expanding economic environment. The demand for residential buildings picked up faster and remained strong in India apart from the several infrastructural projects undertaken by the Central & State Governments. The company is intending to continue in the construction contracts business to encash the present demand. The company also intends to invest and trade in real estate and provide consultancy services to companies in the real estate market. However in the short term from time to time there will be challenges that will temper the outlook in the interim term.
Presently the main business of the Company is into infra activities and construction of roads from Bitumen and other allied products. The infrastructure industry is an integral part of the economy. As an industry, the growth of the construction sector exceeds the GDP growth, creating plenty of possibilities for development in the future.
The construction sector is expected to grow rapidly in an expanding economic environment. The demand for residential buildings picked up faster and remained strong in India apart from the several infrastructural projects undertaken by the Central & State Governments. The company is intending to continue in the construction contracts business to encash the present demand.
The company also intends to invest and trade in real estate and provide consultancy services to companies in the real estate market. However in the short term from time to time there will be challenges that will temper the outlook in the interim term.
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