Construction sentiment score is based on a sample of ~250 respondentsat pan-India level (cement manufacturers, cement dealers, rebar dealers,real estate developers / brokers)
The sentiment measures the outlook on construction growth over nexttwo rolling quarters on a scale of 1 to 10 where 1 indicates major declineand 10 indicates robust rise (on a yoy basis)
The sentiment score at pan-India level for next two quarters fell to 5.5from previous quarter’s 6.0
Majority of respondents reported weak institutional demand which wasthe torchbearer for stellar growth in FY19
