Construction Industry News
Cement companies across India have increased cement prices by Rs 10-40 per bag in October as input costs have risen.
According to cement dealers, the price increase is higher in Mumbai and Gujarat where the increase is Rs 40/bag while in North and South India the increase in cost is about Rs 10-20/bag. A cement bag weighs 50 kg and the average cost of a cement bag is about Rs 375 in all of India.
Analysts said that while input price inflation is one of the reasons for cement companies to raise costs in October, an increase in demand from the real estate sector and government pressure on infrastructure is another.
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