India Cements sees no slowdown in demand

India Cements sees no slowdown in demand
Published: 10 November 2008

India Cements Ltd , southern India’s biggest cement maker, sees no slowdown in demand despite the ongoing economic downturn, a top official said.

"Overall growth has been eight per cent this year and the south which is our main market has grown about 12 percent," N Srinivasan, vice-chairman and managing director,told newschannel NDTV Profit.

However, the company does see delay in capacity expansion in some projects, he added.