Chettinad Cement

The Cement Industry for the first time in recent years grew less the Indian economy has grown for the financial year ended March 2011.The Cement dispatches were at 209 Million Tonnes for the year ended March 2011, as against 200 million tones. The sluggish growth was mainly attributable to poor industrial growth and also the real estate market slackened due to the interest rates of housing loans.

However, The Cement Companies are bullish about the future and have continued investment in additional capacities, considering the scope for growth in infrastructure and economic development, which is evident from14% increase in capacity during the financial year ended March 2011.

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