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Relevance to a developing economy
Asbestos Cement (A.C.) Products Industry in India is functioning since 1934 and the Industry is engaged in manufacturing A.C. Corrugated / Plain Roofing Sheets and A.C. Pressure Pipes. Asbestos cement products play a vital role in the growth of the key and priority sectors of the Indian Industry. Asbestos Cement Sheets go a long way to achieve national goals of providing low-cost and cost-effective domestic and industrial shelters. With an equitable social cost, asbestos cement pipes are still most cost effective for water supply, sewerage, irrigation and drainage systems to urban and rural areas in a developing country like ours. In essence, asbestos-cement products currently on the market eminently meet the needs of the country in its developing economy in the context of rapidly rising population, rapid urbanization and limited resources.