Indian cement production growth slowed by more than half to 6.8 per cent in January against 15.4 per cent in the same month last year.
In absolute terms, cement production stood at 14.5Mt in January 2007 against 13.57Mt in January 2006 and 11.76Mtin January 2005.
This fiscal, cement production growth slowed down in five of the 10 months, figures of which are available.
Besides January, growth in cement production was lower in May, June, August and December.
Particularly in the month of August, cement production slowed to a mere 2.3 per cent against 19.3 per cent a year-ago because of the monsoon.