Revival will require extensive stimulus from the government

“We truly appreciate the efforts of the government towards the containment of the pandemic. We are hopeful that the government will take into consideration the economic impact of the extended lockdown on industries, especially the building material industry. The Construction and Building Material industry contributes nearly 8% of the GDP and employs around 50 Million of workforce. The lockdown has impacted the industry significantly and has led to huge losses. Recovering from the shock will require extensive stimulus from the government and we are optimistic that the government will look into it.” BY  Ashwin Reddy, MD, Aparna Enterprises