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.
Read the article online at: https://www.worldcement.com/indian-subcontinent/11042018/indian-cement-production-continues-positive-start-to-the-year/
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