HeidelbergCement India says cement demand is buoyant

Jamshed Naval Cooper, Managing Director and chief executive officer (CEO), HeidelbergCement India, has worked in cement industry for three decades. Credited for revamping the sales and marketing setup of HeidelbergCement India, Cooper successfully created and launched the "mycem" brand. Served with ACC Ltd for 22 years, he said cement demand is buoyant and expects a bigger price increase post Diwali. Cooper, who pioneered the 25 kg cement packing and launched bulk cement for the first time in India, sees signs of better cement demand from retail and housing space as well. The quantum’s are small and it's not very huge. It can be anywhere ranging between Rs 2-5 a bag.Going forward, the market is buoyant and the market prices will keep moving up. Now, the season has started. Once the Diwali is over, the prices will start looking up.