In an interview to CNBC-TV18, Ashok Gutgutia, VC & MD of Burnpur Cement spoke about the impact of demonetisation on the cement sector.
Gutgutia expect the pressure on cement industry to be temporary.
However, see a 20-25 percent drop in cement sales due to demonetisation, he added.
For entire interview, watch accompanying video.
Discover 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!