Cement Sales Likely to Rise by 12% in March

Sales of cement is likely to go up by 12% in March on demand from real estate and construction sectors, says industry executives and analysts. This would be the third consecutive growth in sales of the building material in a month.
Cement companies are scheduled to announces sales data on March 31.
"There are no dampeners to growth", said Shree Cement managing director Hari Mohan Bangur. Demand is robust and the industry will see healthy growth in March. The growth momentum will continue as there are no dampening Factors."
The growing sales are reflective of a robust demand scenario and Indian companies are expanding capacities from the Current 240 million tonnes. Globaly , India is the Second-Largest cement maker after China.
(Extracted From The Economic Times, New Delhi,Thursday 25 March 2010)
 ( http://niftynext.blogspot.com/2010/03/india-cements-buy-target-12816-march.html )