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Journalism of Courage
The cement sector is plagued by excess capacity and this will help absorb that.
Demand for cement in India is expected to rise 9-10 percent in 2010,the chairman of ACC said on Thursday.
We foresee demand will grow briskly driven by infrastructure and steady growth in housing construction,Chairman N.S. Sekhsaria told an annual shareholders meeting.
ACC,India’s No. 2 cement maker,is 46 percent-owned by Swiss cement major Holcim.
