Following the GST-cut, cement firms such as Nuvoco Vistas Corp Ltd are targeting a price uptick of ₹25–50 per tonne for their premium-grade offerings — a strategic move to boost net realisations through accelerated premiumisation.

While the management of the cement arm of Gujarat-based Nirma Group emphasises that a broad-based price hike remains a challenge in the short term, it sees clear opportunity to climb up the value chain through expanded premium product offerings especially in higher-realisation and higher-contribution markets like Rajasthan, Chhattisgarh and Haryana.

“As our commitment to nation building and as per expectations of the Union government, we passed on the entire benefit of the GST cut to the customers...In the short run it will be little bit difficult for any price

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