Cement demand will proceed to be pushed by infra and housing initiatives in India and is more likely to witness a 7 -8 per cent development this fiscal (FY26), Arun Shukla, President and Director, JK Lakshmi Cement, stated.
The corporate, anticipating a constructive demand development throughout its key operational markets, is investing ₹2,500-3,000 crore to ramp up manufacturing by 4.6 million tonnes each year (mtpa) by FY27.
It exited FY25 with a capacity of 18 mtpa and is concentrating on to turn into the fifth largest cement-maker within the nation with an put in capacity of 30 mtpa by FY30. JK Lakshmi Cement’s robust markets embrace East, North and West India.
In accordance with Shukla, the corporate will probably be investing in its east India services – for brownfield enlargement — by way of a mixture of debt and inner accruals. It has two services in East India – an built-in capacity at Durg in Chattisgarh and a grinding unit at Cuttack in Odisha.
“We just lately acquired mining rights in Nagor (Rajasthan) and Kutch (Gujarat) – the place we are going to arrange grinding vegetation every having a capacity of three mtpa; a 3rd line in Udaipur and a 2.5 mtpa built-in grinding unit. In all, our capacities by FY30 ought to be within the 30-31 mtpa vary,” he advised reporters throughout a press convention.
Integration of Udaipur Cement Works Ltd, a subsidiary of the corporate, with the dad or mum is more likely to be by way of by August, Shukla stated. The merger was part of the company restructuring plan that the corporate’s board had authorized final yr.
N-E focus
The cement-maker has just lately signed an MoU with the Assam authorities for a greenfiled venture, more likely to be accomplished over the following 7-8 years. The capacity is but to be introduced. “There may be authorities give attention to the North-East, and we’re current within the Japanese area. So it makes logical sense for us to broaden there (NE),” he stated.
By the way, a normal thumb-rule in cement-making is that in an effort to arrange a 1 mtpa capacity, capex is within the ₹1,000-1,200 crore vary, roughly.
Revealed on April 18, 2025
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