India cement despatches stays strong in Jan

India cement despatches stays strong in Jan
Published: 03 February 2009

Cement demand continued to remain strong in January with the three major cement producers – ACC, Ambuja Cement and Aditya Birla Group – posting a quantum jump in their dispatches.

ACC managed to cut down its inventory marginally by selling 1.89Mt while its production was at 1.87Mt in January. Both production and output rose 12 per cent when compared to January 2008.

Ambuja Cement output was up four per cent at 1.61Mt (1.55Mt), while sales improved five per cent to 1.63Mt (1.55Mt).

The Aditya Birla Group’s production in January jumped 9.76 per cent to 3Mt and dispatches were up 7.35 per cent at 3Mt.

Production between April-January 2009 has moved up 4.77 per cent to 26Mt from 25Mt in the same period last year. Dispatches grew 4.74 per cent to 26Mt (25Mt).