BAI plans cement plants to escape runaway prices

Exasperated at repeated price rises by cement companies and complaining of a cartel by the latter, the Builders Association of India (BAI) has announced a plan to establish at least three factories to produce the key building material. The plan is to have an annual production capacity of 5 mtpa in each of the proposed factories. BAI is looking at Andhra Pradesh, Rajasthan and Gujarat as sites for the proposed units. Initially, one such plant would be undertaken in one of these three sites to be completed in three years. Contact: Builders Association of India. Tel: 011-2592 0423. Fax: 011-2592 0423. Website: www.baidc.net