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ACC likely to break even in ready mix concrete business

ACC, a leading player in ready mix concrete is likely to turn positive with increasing demand from construction activities. Other players in the field Lafarge and Grasim have slowed down their expansion plans. ACC has 44 RMC plants near cities where there are demand. However, in India, RMC has only 5% of the total demand, whereas in developed countries it forms 60% of construction activities. In India, we still adopt site mixing over concrete from RMC plants.

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