JK Lakshmi Cement Targets 10% Growth in FY'26 with Expansion Plans

21 Apr 2025 CW Team

The JK Organisation group company is also working to increase its revenue from adjacent sectors such as concrete solutions and the ready-mix business, aiming for 10% contribution from these areas in the next 3-4 years.

Capacity Expansion Plans for Future Growth

JK Lakshmi Cement has plans to increase its production capacity to 30 million tonnes per annum (MTPA) by 2030, up from the current 18 MTPA. This ambitious expansion is part of the company’s strategy to position itself among the top five cement producers in the country. The company, which reported a revenue of Rs 6,383.73 crore in FY'24 and, like other industry players, faced a slowdown in demand, is optimistic about a stronger performance this fiscal year.

"I believe the industry will grow at about 7-8% in FY'26, and our target is to achieve at least 10% growth," Shukla told PTI.

Strategic Plant Expansions

The company anticipates that the recent addition of 2.5 MTPA capacity at its Udaipur plant, along with another 1.35 MTPA in Surat, will contribute to the desired growth. These expansions are key growth drivers for the company’s 10% target for the fiscal year.

Additionally, JK Lakshmi Cement has committed Rs 25 billion in investment to boost its capacity in Eastern India, with both brownfield and greenfield projects that will increase the region’s capacity to 4.6 MTPA by 2027-28. The company is also looking to expand further in Rajasthan and Gujarat, where it holds mining rights, with plans for additional 3 MTPA in each region.

JK Lakshmi Cement is targeting a double-digit revenue growth for the current fiscal year, along with an improvement in margins, driven by capacity expansions and enhanced operational efficiency. Arun Shukla, President & Director of the company, confirmed the group’s focus on leveraging growth in both production capacity and new business avenues. The JK Organisation group company is also working to increase its revenue from adjacent sectors such as concrete solutions and the ready-mix business, aiming for 10% contribution from these areas in the next 3-4 years. Capacity Expansion Plans for Future Growth JK Lakshmi Cement has plans to increase its production capacity to 30 million tonnes per annum (MTPA) by 2030, up from the current 18 MTPA. This ambitious expansion is part of the company’s strategy to position itself among the top five cement producers in the country. The company, which reported a revenue of Rs 6,383.73 crore in FY'24 and, like other industry players, faced a slowdown in demand, is optimistic about a stronger performance this fiscal year. I believe the industry will grow at about 7-8% in FY'26, and our target is to achieve at least 10% growth, Shukla told PTI. Strategic Plant Expansions The company anticipates that the recent addition of 2.5 MTPA capacity at its Udaipur plant, along with another 1.35 MTPA in Surat, will contribute to the desired growth. These expansions are key growth drivers for the company’s 10% target for the fiscal year. Additionally, JK Lakshmi Cement has committed Rs 25 billion in investment to boost its capacity in Eastern India, with both brownfield and greenfield projects that will increase the region’s capacity to 4.6 MTPA by 2027-28. The company is also looking to expand further in Rajasthan and Gujarat, where it holds mining rights, with plans for additional 3 MTPA in each region.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Infrastructure Urban

11 Mar 2026

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

Infrastructure Urban

11 Mar 2026

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..