Skip to main content

India's CREDAI file complaint with CCI

Published by
World Cement,

The real-estate developer’s association CREDAI has filed a complaint with the Competition Commission of India (CCI) against cement manufacturers that it claims have been manipulating the price of cement. It believes that the cement firms are working in tandem to control both supply and price, and has also highlighted the violation of CCI’s cease and desist order of 2012.

According to CREDAI, the cost of raw materials has decreased between January and September 2015, yet customers are not feeling this benefit. Housing and other real estate sectors make up nearly half the cement demand in India, yet despite a huge slowdown in this area decreasing demand the prices of cement have jumped by 20 – 40%.

Last month CREDAI’s NCR chapter decided to stop buying cement from companies like Ultratech and Lafarge for unilaterally increasing cement prices in the last month.

Having accused these companies of anti-competitive business practices, CREDAI has urged CCI to look into the grounds for supply restriction and the recent price increase in cement given the low demand.

Edited from various sources by


Read the article online at:

You might also like




At WCT2021 you will hear from a range of industry leaders and technical experts as they discuss the key challenges facing the cement industry and the latest solutions on offer. Register for free today »


CEMEX strengthens presence in Guatemala

The company has announced that, as part of its growth strategy, it will increase capacity in Guatemala with the construction of a new cement grinding mill that is expected to be completed in early 2023.


Embed article link: (copy the HTML code below):