How Shree Cement improved its financial health? The company adopted cost-saving methods like the use

Cement companies in India have struggled with rising raw material prices. Shree Cement Ltd is no exception. The cost of fuel constitutes about 70% of the input cost for a cement firm. In the late 1990s, when the cement maker embarked on an expansion plan, it borrowed heavily. Soon it adopted cost-saving methods like the use of alternative fuel, which helped reduce costs, and improved the financial health of the firm.

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