JK Lakshmi Cement to expand capacity in northern and western India
Cement

JK Lakshmi Cement to expand capacity in northern and western India

JK Lakshmi Cement Chairman and Managing Director Bharat Hari Singhania told the media that the company will selectively invest in augmenting existing capacities in the northern and western markets in the coming years to increase its footprint and market share.

According to the most recent annual report of the company, it has devised ambitious growth plans that include expanding its manufacturing base, introducing new products, and entering new markets.

The company anticipates a significant shift in construction technologies and practices, resulting in an exponential increase in demand for ready-to-use value-added construction products.

JK Lakshmi Cement has a combined capacity of 13.3 million metric tonnes per annum (mmtpa). The company was recently awarded two limestone mining blocks via e-bidding, one in central Rajasthan and the other in coastal Gujarat.

Singhania claimed that each of these can support a cement capacity of at least 5 million mtpa for at least 40 to 50 years. In the coming years, the company will invest to advance the operationalisation of these new mining blocks, allowing it to compete not only in existing markets but also to open new ones.

Singhania added that if cement demand in April 2020 was slightly higher than 4 mt, it was lower in March. While the first represents a complete economic downturn, the second represents a burgeoning hope full of promise.

JK Lakshmi Cement increased its volumes by 8% and its profit after tax by over 55% this year. It had a revenue of Rs 4,459 crore in FY21.

The cement industry, as per the company, will experience a prolonged period of stable demand growth of about 5 to 6% per year once the pandemic storm has passed.

Image Source


Also read: Ambuja Cements to invest Rs 310 crore to expand Ropar Unit in Punjab

Also read: Cement industry targets 80 mt capacity addition in next 3 years

JK Lakshmi Cement Chairman and Managing Director Bharat Hari Singhania told the media that the company will selectively invest in augmenting existing capacities in the northern and western markets in the coming years to increase its footprint and market share. According to the most recent annual report of the company, it has devised ambitious growth plans that include expanding its manufacturing base, introducing new products, and entering new markets. The company anticipates a significant shift in construction technologies and practices, resulting in an exponential increase in demand for ready-to-use value-added construction products. JK Lakshmi Cement has a combined capacity of 13.3 million metric tonnes per annum (mmtpa). The company was recently awarded two limestone mining blocks via e-bidding, one in central Rajasthan and the other in coastal Gujarat. Singhania claimed that each of these can support a cement capacity of at least 5 million mtpa for at least 40 to 50 years. In the coming years, the company will invest to advance the operationalisation of these new mining blocks, allowing it to compete not only in existing markets but also to open new ones. Singhania added that if cement demand in April 2020 was slightly higher than 4 mt, it was lower in March. While the first represents a complete economic downturn, the second represents a burgeoning hope full of promise. JK Lakshmi Cement increased its volumes by 8% and its profit after tax by over 55% this year. It had a revenue of Rs 4,459 crore in FY21. The cement industry, as per the company, will experience a prolonged period of stable demand growth of about 5 to 6% per year once the pandemic storm has passed. Image Source Also read: Ambuja Cements to invest Rs 310 crore to expand Ropar Unit in Punjab Also read: Cement industry targets 80 mt capacity addition in next 3 years

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?