Cement makers likely to slash capacity by 8% this year
Chandan Kishore Kant / Mumbai July 18, 2008, 0:36 IST Step will help ensure a balance between demand and supply ACC, UltraTech Cement and other Indian cement makers may cut capacity utilisation by as much as 8 per cent in the financial year ending March 2008 as demand slows and new capacities are added, industry experts and analysts said.