Economy & Market
Rise in raw material prices
With the fall in sales and fear of supply outstripping demand, cement manufacturers may find it hard to pass on the rise in input cost. At present, the cement industry has a capacity of 280 mtpa, which is likely to go beyond 300 mtpa by 2012. Prices of all raw materials such as coal, power and fuel are on the rise in the last few months. Transportation charges have also gone up substantially.