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Expect 8-10% volume growth in FY19: Shree Cements

Shree Cements has commissioned a new cement grinding unit with 2 mtpa capacity in Bihar. In an interview to CNBC-TV18, HM Bangur, MD of the company spoke about the latest happenings in the company, cement price and demand.

February 20, 2018 / 14:04 IST

Shree Cements has commissioned a new cement grinding unit with 2 mtpa capacity in Bihar. In an interview to CNBC-TV18, HM Bangur, MD of the company spoke about the latest happenings in the company, cement price and demand.

Bangur said that we will be commissioning 3 million tonne Karnataka unit in Q1 of FY19.

Talking about prices, he said we are not seeing a price increase as of now but demand is strong.

On numbers front, he said we expect 8-10 percent volume growth in FY19.

According to him, demand in east India looks strong due to low base.

For entire interview, watch accompanying video.

CNBC-TV18
first published: Feb 20, 2018 12:44 pm

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