Care Ratings: Cement Industry H1 FY21 Update 

Care Ratings: Cement Industry H1 FY21 Update

A laborer carries cement as other workers build walls at the construction site of a crew camp building. (Photographer Jeff Holt/Bloomberg)

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Care Ratings Research Report

Cement production continues to record negative growth and has fallen by 3.5% in September.

However there has been an improvement in the month-on-month numbers as increase in construction activity with the return of some of the labourers has resulted in an increase in demand for the commodity.

Receding of the monsoons too has resulted in increasing the production by 16.2% on a month-on-month basis.

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Care Ratings Cement Industry H1 FY21 Update.pdf
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