Correction: India cement demand

12 May


Dear Sir,

Please┬á refer to Cement Week news letter dated 9th May, 2009. We would like to┬á comment on the news item appeared ÔÇ£Indian demand slow down in AprilÔÇØ as under:

Cement  demand for April 09 month grew robust 12% compared to corresponding month  previous year. The total domestic cement dispatches for the month of April  was  at  16.3  million  ton compared to 14.5 million ton reported in April  08  month.  We understand that you have taken figures of March, 2009 for  comparing  the  growth  of April, 2009. March is the best month of the year  and it always shows high growth. Further March has 31 days against 30 days  in  April.  Comparing  growth  figures  of  Aprils with March is thus incorrect.

We thus request you to report revised growth report of April, 2009 based on year on year growth over April, 2008.

Thanks & regards,

M.K. Singhi
Executive Director
Shree Cement Ltd.
Beawar, India


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