New Delhi: Cement manufacturers in India are likely to hike prices by Rs 10 to 15 per bag starting mid-October to counter persistent input cost pressures, even as volume offtake registers steady growth, according to a research report released by Emkay Research.
"Given the onset of a busy season, favorable demand supply scenario, and basis our channel checks, there is a high probability of a Rs10- 15/bag price hike from 12-Oct," the report stated.
