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Chart of the day | Revival in sight?

Chart of the day | Revival in sight?
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First Published: Tue, Dec 13 2011. 11 06 PM IST

Updated: Tue, Dec 13 2011. 11 06 PM IST
A steady rise in cement capacity and a lower-than-anticipated offtake led to a fall in utilization, after it hit its peak level of 90% in fiscal 2007 (FY07). This does not even include the capacities added by smaller players in the industry. Although the first half of FY12 saw utilization falling even below that in FY11, analysts project an improvement in demand translating into better utilization going forward.
Also See | Chart of The Day (PDF)
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First Published: Tue, Dec 13 2011. 11 06 PM IST