Truckers strike to impact Ambuja margins, India

Truckers strike to impact Ambuja margins, India
Published: 19 November 2010

Ambuja Cements Ltd is facing adverse impact on its profit margins due to the strike by transporters in Himachal Pradesh. Transporters associated with Suli and Rauri plants are demanding higher rates. The plants have a capacity to produce 3Mt of cement. Ambuja Cements has increased the despatches by 20 per cent in October 2010 despite the strike.