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Indian cement production continues positive start to the year
India s Cement Manufacturer s Association (CMA) reported cement production of 26.37 million tpy in February – an increase of around 23% on the same month in 2017.
The higher production trend in February follows a similarly positive month in January, when production rose around 19.6% on January 2017, when the impact of the government s sudden demonetisation in November 2016 was still hitting the industry.
The figures also put 2018 s cement production ahead of 2016, which registered cement production of 25.93 million t in January and 25.49 million t in February.
The industry is well on track to beat the 2016/17 Financial Year s total production of 279.98 million t. As it stands, FY2017/18 production totalled 269.32 million t with just the March production to be reported.
/worldcement
UAECEMENT.COM
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Apr ,16,2017
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