Rise in Costs GUJARAT AMBUJA CEMENTS, till recently considered as one of the most cost efficient manufacturers of cement in the country, saw its bottomline decline by 6.7 per cent in 1996-97. The combination of sluggish prices and mounting cost-side pressures seems to have taken its toll on the cement industry and Gujarat Ambuja Cement is no exception to this trend.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.