Cement prices in central India are worst hit till now, Heidelberg Cement India which has maximum exposure in that region has seen a drop of Rs 20 per bag from November till now.
Ashish Guha, managing director and chief executive officer, Heidelberg Cement India in an interview to CNBC-TV18 said, "In the beginning of the year, we had expected somewhere around 7.5-8% growth in cement consumption which is kind of flat right now. So thatDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
