Citi flags rapid capacity expansion in Indian cement, led by UltraTech Cement and Ambuja Cement. Industry utilisation to stay at 67–68%, with EBITDA per tonne improving amid cost control.
Citi flags rapid capacity expansion in Indian cement, led by UltraTech Cement and Ambuja Cement. Industry utilisation to stay at 67–68%, with EBITDA per tonne improving amid cost control.