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Cement manufacturers asked to take steps to cut
costs

Chennai, Nov 2 The Tamil Nadu
government today asked cement makers to take
steps to reduce escalating cost of the key
construction component, amid demand from various
quarters, including Opposition AIADMK, to
control prices. Chief Minister M Karunanidhi
chaired a meeting of top heads of the state
government and cement manufacturers during which
the government urged the latter to make efforts
to reduce cement prices, which have been on the
rise for the past few months. The state
government''s action comes days after AIADMK
Chief and Opposition leader Jayalalithaa asked
it to take steps to stabilise the escalating
cost of construction materials including cement
in the state. She had said prices of cement,iron
bars and bricks had gone up by at least three
times, thus affecting the common man.
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An official press release here
said that the cement industry was represented by
top officials including N Srinivasan (India
Cements), Ramasubramanya Raja (Madras Cements),
PN Prabhakar of Dalmia Cements and others from
major players such as Zuari Cements, Penna
Cements and ACC Cements. The industry
representatives assured Karunanidhi that they
would meet among themselves to find an amicable
solution and inform the government, the release
added.