According to analysts, the average cement price in India was flat in January and only slightly increased in February as producers sought to increase volume and gain market share during the typically robust March quarter.The fourth quarter usually sees a rise in construction activity, which increases demand for cement.
UltraTech Cement Limited is a subsidiary of Aditya Birla Group established by KC Jhanwar, Director but later on overtaken by Kumar Mangalam Birla, Founder of Aditya Birla Group. UltraTech is the largest cement manufacturer in the country. The company majorly deals in various kinds of cement which include Portland Blast Furnace Slag Cement, Ordinary Portland Cement, White Cement, Portland Pozzolana Cement, Ready Mix Concrete(RMC), and various other building products. This multinational infra-giant is renowned for its offerings. The corporation aims to shape a better future for the planet through investments in health and education.
With the developed economy witnessing more or less saturated growth, attention has shifted to emerging and developing economies. Emerging and developing countries have shown remarkable resilience in the last few years even in the backdrop of a global slowdown. With steady growth in the above-mentioned countries, demand for swanky offices, commercial spaces, special economic zones, residential societies has seen an impressive rise.
