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ACC expects cement prices to rise

India's 240-million-tonne cement industry has seen demand pick up in recent months after a strong revival in industrial and construction activity.

ACC expects cement prices to rise

Cement maker ACC Ltd expects cement prices to rise over the next few months, its managing director said on Thursday.

"If you ask me about whole of India, I think (cement prices will be) moving up," Sumit Banerjee said, when asked about the outlook on prices.

He did not indicate how much prices could increase.

India's 240-million-tonne cement industry has seen demand pick up in recent months after a strong revival in industrial and construction activity.

ACC is 46% owned by Swiss cement major Holcim.

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