India's JK Lakshmi Cement has announced an investment of Rs 1,816 crore to expand its production operations in Chhattisgarh. The investment plan aims to increase its annual clinker production capacity by 2.31 million tons and cement grinding capacity by 1.2 million tons. The investment memorandum was formally signed at the "Chhattisgarh Investor Docking Meeting" held in New Delhi on Tuesday, attended by State Chief Minister Vishnu Deo Sai. Shrivats Singhania, deputy managing director of the
company, said that the expansion was an important step in the next phase of the company's growth strategy. He stressed that Chhattisgarh has always been at the heart of its manufacturing strategy and that this investment will enhance the company's ability to serve the fast-growing markets in eastern and central India and meet the continued high demand for building materials there. The move will support the company's goal of increasing total production capacity to about 30 million tons in the next few years.
JK Lakshmi Cement has deep roots in Chhattisgarh. Since the completion of the integrated chemical plant in Durga in 2015, the company has made important contributions to the industrial development of the state in the past decade, including the construction of production facilities with an annual output of 1.8 million tons of clinker and 2.7 million tons of cement, the upgrading of operations with energy-saving technology and advanced automation, and the optimization of logistics through the improvement of railway links. Arun Shukla, president and director of the
company, noted that Chhattisgarh has demonstrated strong and broad-based economic growth, making it one of the most promising markets for cement demand in India.
浙公网安备33010802003254号