Cement prices declined by 15% over Apr-Dec'21 in East India. However, prices rose 14% over Jan-Mar'22, with further price increase of 7-8% in Apr'22. The region witnessed increasing consolidation after the acquisition of Emami Cement by Nuvoco. The higher consolidation will help improve pricing power in the region in the medium term. Capacity share of the top five players in the region now stands at 72% v/s 63% in FY20....