JK Lakshmi Cement to invest Rs 2,000 cr

JK Lakshmi Cement plans to invest Rs 2,000 crore over the next three years to expand its capacity to 9 mt from 5.3 mt. The company soon plans to start work on a 2.7 mt Greenfield project at Durg in Chhattisgarh. Furthermore, the plant is being developed with an investment of approximately Rs 1,250 crore and is expected to be commissioned by October 2013. Briefly, the current cement industry capacity utilisation hovers around 75 per cent.Contact: JK Lakshmi Cement.Tel: 011-3300 1142. Fax: 011-2372 2251.Website: www.jklakshmi.com