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Burnpur Cement expects 25% drop in sales due to demonetisation

In an interview to CNBC-TV18, Ashok Gutgutia, VC & MD of Burnpur Cement spoke about the impact of demonetisation on the cement sector.

November 15, 2016 / 13:30 IST
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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.

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However, see a 20-25 percent drop in cement sales due to demonetisation, he added.

For entire interview, watch accompanying video.

first published: Nov 15, 2016 01:30 pm

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