Economy & Market
Ambuja, ACC achieve 7.2% growth in June
ACC and Ambuja Cement, the two leading cement manufacturers, on July 2 reported a modest growth in production at 1.97 million tonne (mt) and 1.78 mt respectively in June.
During the corresponding month last year, production of ACC and ACL had stood at 1.96 mt and 1.65 mt respectively.
In June, despatches of ACC grew to 1.96 mt compared to 1.91 mt, while Ambuja stood at 1.79 mt over 1.66 mt last year.
During the January-June period this year, ACC's production stood at 12.86 mt, as against 12.18 mt in the year-ago period.
The company's despatches grew to 12.79 mt during the first six months of this year compared to 12.18 mt in the same period last year.
In case of Ambuja, production for the first six months grew to 11.67 mt against 10.79 mt in the same period last year, while its despatches for the period stood at 11.67 mt from 10.77 mt in the corresponding period last year.