Cement industry witnesses reduction in production
Cement

Cement industry witnesses reduction in production

Cement production fell by 5.5 per cent during February 2021 compared with 5.8 per cent decline witnessed during January 2020 and a 7.8 per cent increase during February 2020. Cumulatively domestic cement production has fallen by 15.5 per cent during 11M-FY21 compared with the 13 per cent growth...

Cement production fell by 5.5 per cent during February 2021 compared with 5.8 per cent decline witnessed during January 2020 and a 7.8 per cent increase during February 2020. Cumulatively domestic cement production has fallen by 15.5 per cent during 11M-FY21 compared with the 13 per cent growth and 1.8 per cent growth achieved during 11M-FY19 and 11M-FY20. Capacity utilisation of domestic manufacturers has been around 52.4 per cent during 11M-FY21 as units have been operating at sub-par capacities along with staggered shifts but it has been improving from 45 per cent during H1-FY21, 49.5 per cent during 9MFY21 and 51.2 per cent during 10M-FY21.

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