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.