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Rakesh Singh, President At India Cements

Rakesh Singh, President At India Cements

📌 Seeing around 37 percent growth from states like Telangana, Andhra Pradesh

📌 Tamil Nadu contributed least due to sand mining issues.

📌 Clocked around 4 percent growth last year

📌 Affordable housing, upcoming elections aiding to growth from Karnataka.               

📌 Demand primarily coming from Telangana, Andhra Pradesh.

📌 Q4 capacity utilisation rose to 70 percent.

📌 Expect FY19 average pricing going up due to increasing cost pressures.

📌 Expect to make more profits on better pricing going ahead.