JK Lakshmi Cement Plans ₹1,816 Cr Expansion in Chhattisgarh

The recent capacity expansion initiative by JK Lakshmi Cement is an indication of increasing optimism in the construction and infrastructure development cycle in India, especially in Eastern and Central India. The company has already invested 1,816 Crore in Chhattisgarh to expand its manufacturing production, which is a testimony to the state being a strategic cement manufacturing state.

Under this plan, JK Lakshmi Cement will expand its production capacity of clinker and cement grinding by 2.31 million tonnes per annum (MTPA) and 1.2 MTPA respectively. Government support on industrial development and capital-intensive initiatives in the state has been enhanced by the signing of the MoU of proposed investment at the event of Chhattisgarh Investor Connect at New Delhi, in the presence of the Chief Minister, Vishnu Deo Sai.

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This new capacity will enhance the capacity of the company to cater to the high-growth cement markets in Eastern India and Central India, where the housing, road, urban infrastructure and industrial projects are continuously stimulating sustained demand. This growth is commensurate with the overall objective of JK Lakshmi Cement to increase its overall capacity to approximate 30 MTPA in the next few years.

"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," said Shrivats Singhania, Deputy Managing Director, JK Lakshmi Cement.

"Chhattisgarh continues to demonstrate strong and broad-based economic momentum, making it one of the most promising markets for cement demand in the country," said Arun Shukla, President & Director, JK Lakshmi Cement Ltd.