In a significant move to fuel its growth ambitions JK Lakshmi Cement has announced a massive investment of ₹1,816 crore to expand its manufacturing operations in Chhattisgarh. This strategic investment underscores the company’s confidence in the region’s industrial potential and the booming construction demand in Eastern and Central India.
The plan was formalized through a Memorandum of Understanding (MoU) signed during the Chhattisgarh Investor Connect event in New Delhi on Tuesday in the presence of Chief Minister Vishnu Deo Sai.
Scaling Up to Meet Rising Demand
The substantial investment will be used to significantly boost the company’s production capacity. The expansion includes:
- Increasing clinker production by 2.31 million tonnes per annum (MTPA).
- Adding 1.2 MTPA to its cement grinding capacity.
This new capacity is a strategic step towards JK Lakshmi Cement’s long-term goal of reaching a total capacity of about 30 MTPA in the coming years. By strengthening its production base in Chhattisgarh, the company is strategically positioning itself to efficiently supply the rapidly growing markets in Eastern and Central India, where infrastructure and housing projects are driving demand for building materials.
Chhattisgarh: A Decade-Long Partnership
This isn’t JK Lakshmi Cement’s first major investment in the state. The company has been a key part of Chhattisgarh’s industrial landscape since establishing its integrated plant in Durg back in 2015. Over the past decade, the company has consistently invested in the region, setting up modern facilities, incorporating energy-efficient technologies, and improving logistics with enhanced rail connectivity.
Leadership’s Vision
Shrivats Singhania, Deputy Managing Director of JK Lakshmi Cement, stated, “This expansion marks an important step in how we are shaping JK Lakshmi Cement’s next phase of growth. Chhattisgarh has been central to our manufacturing strategy, and this investment strengthens our ability to serve Eastern and Central India with reliable, efficient capacity.”
Echoing the sentiment, Arun Shukla, President & Director, highlighted the state’s economic momentum, calling Chhattisgarh “one of the most promising markets for cement demand in the country.”
