Cement prices to rise 10-15% after monsoon, India

Cement prices to rise 10-15% after monsoon, India
Published: 17 September 2010

Cement major JK Cement today said that cement prices, which remained subdued so far this fiscal, will go up by 10-15 per cent after monsoon.

Besides, the company further said it plans to expand capacity by 2-3Mt next year with an anticipated capital infusion of INR1500 crore in Rajasthan.

"We expect that cement prices will increase in the range of 10-15 per cent after monsoon comes to end," Company’s MD & CEO Yadupati Singhania told reporters.