India June output falls

India June output falls
20 July 2011


Cement production in June declined 1.3% on month to 13.89Mt, which is a six-month low. In May, production was at 14.08Mt. Cement production has been on the decline since April. Typically, demand slips during the monsoons. A sluggish cement output will only add to the woes of slowing economic growth. In May, growth in eight infrastructure industries slowed to 5.3% from 7.4% a year ago.
Published under Cement News