It is not a happy picture for the cement industry witnessing considerable slowdown in demand and volumes. NDTV has learnt that Gouri Prasad Goenka-promoted Andhra Cements, has decided to offload a significant stake in the company. The process for offloading the stake has begun and sources say talks are on with players like Lafarge, Swiss-based CRH and Jaypee Group who have been looking at Andhra Pradesh for a greenfield plant.
