In an industry where 60 per cent of the market share is dominated by big players like Holcim, UltraTech, Jaiprakash Associates, Shree and India Cements, it is only the mid-sized and smaller players that would be at the receiving end, if the prices increase further.
Shree Cement CMD H M Bangur says: “We have enough stock of coal to last our operations. Coal shortage will not affect companies which can afford to pay higher prices. I do not see any immediate impact. I believe, those companies which are at the bottom of the pyramid may be affected."
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