Economy & Market
India produced 336.10 million tonne cement in 2011-12'
In India, the installed capacity of cement production during 2011-12 was 336.10 million tonne, said the
Union Minister of State for Commerce and Industry Jyotiraditya M Scindia
in the Lok Sabha on September 4.
Quoting the report of the Working Group on Cement Industry for the 12th Five Year Plan, Scindia said the projected demand and capacity of cement to be created during 2012-13 are 265.40 million tonne and 349.60 million tonne respectively.
The complaints relating to market dominance, under utilisation of capacity and artificial scarcity as well as cartelisation are best addressed through competition and entry of new players, he said adding that the Competition Commission of India (CCI) looks into such complaints and takes appropriate action.