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Cement sector likely to grow 7.5-8 per cent in FY14: Shree Cements

HM Bangur, the managing director of Shree Cements, expects the sector to grow by 7.5-8 per cent, much above the GDP forecast of 5 per cent for the current fiscal year. The pricing trend may remain sluggish, he says, but adds that post monsoon, the demand trend is expected to pick up.