India Cement companies up prices by INR3-INR5/bag

India Cement companies up prices by INR3-INR5/bag
Published: 04 July 2007

Indian cement companies have raised prices by INR3-INR5 for a 50kg/bag, a senior industry official said Wednesday.  
 
"The price hike has been effected today. It will be mostly across the country," Sanjay Ladiwala, president of the Cement Stockists and Dealers Association, told Dow Jones Newswires.  
 
After the hike, wholesale cement prices in Mumbai will range between INR238-INR240 for a 50-kg bag.