On account of continued margin pressures, most cement companies are hoping to increase prices for the first time in calendar year 2011, reports CNBC-TV18.
On account of continued margin pressures, most cement companies are hoping to increase prices for the first time in calendar year 2011. However, this hike may not be sustainable. "Logistical inadequacy is causing price hikes in the cement sector," says Sanjay Ladiwala president of the Cement Stockists and Dealers Association of Mumbai.