According to Cement Manufacturers Association, industry has 100 million tonnes of excess capacity
The Chinese capacity of producing cement at 3.5 bt is nearly ten times bigger than India's
CCI imposed fine of Rs 205.73 cr on all 7 cos for allegedly quoting higher rates than existing rates
While input costs have risen, the price of cement has come down
Of the cement national production of 300 million tonnes (mt) per annum, the contribution of east India with 55 mt capacity is 17-18 per cent
Strong price improvement, moderated volume growth, lower power and fuel cost to boost numbers, says Kotak report
The March deal revision had excluded the 1.2-million tonne plant in Karnataka
Recent price increases should improve profitability
The MMDR Act prevents transfer of mines unless granted through auction; firms appeal to govt for amendment
UltraTech, Dalmia Bharat, CRH and JSW in fray for 42 mt of consolidation opportunity in sector, with PE entities also seeing an unusually profitable opportunity