Features The High Cost of Doing Business 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Markets & Competition Bamburi Cement faced 111 power outages last year Cement manufacturer faced various power outages due to April 26, 2024 Environment Shree Cement commits to 100% renewable energy by 2050 Shree Cement is pioneering sustainability in the cement April 26, 2024 MOST READ Environment Groundbreaking ceremony for Holcim's climate-neutral CO2 neutral plant to be functional in 4 April 22, 2024 Markets & Competition Adani raises stake in Ambuja Cements Investment set to accelerate growth April 18, 2024 The High Cost of Doing Business Examines the impact of rising borrowing costs on the industryThe vice-chairman of one of India's leading cement companies speaks out about the impact the country's rising costs of borrowing are having on the industry. A deteriorating rupee, high interest rates, and the looming threat of a downgrade to junk status by Standard & Poor's (S&P) has many companies walking a proverbial tightrope. Recently, N Srinivasan, vicechairman of India Cements, commented on India's current economic environment. His remarks surprised many, as Srinivasan rarely publically comments on the cement industry or the state of the economy. Read the rest of the article in India Cement & Construction Materials issue 7. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline