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Birla Merger Will Increase Their Cement Prices In The Market

October 14, 2009

Analysis of:Birla moves ahead with cement plan | www.livemint.com

India’s blue chip US$ 30 billion Aditya Birla Group will transfer the cement business from their unit Grasim Industries Ltd. to another subsidiary, Samruddhi Cement Ltd., as part of a plan to merge all production and sales of construction materials into a single company. Now let us see whether this merger is going to have any impact on their cement prices with respect to their peers Holcim-ACC and Ambuja Cement etc.

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