Birla Bets $397 Million on Cement Sales Revival

Birla Bets $397 Million on Cement Sales Revival

Brent Lewin/Bloomberg

Laborers smooth cement on the exterior of a building at a construction site in Srinagar, India. Birla Corp., the maker of Samrat and Chetak brands of cement, forecasts sales will increase 56 percent to 40 billion rupees by the year ending March 31, 2016.