JK Lakshmi Cement to lead Rs 80 billion capex for growth
Cement

JK Lakshmi Cement to lead Rs 80 billion capex for growth

JK Lakshmi Cement has announced its plans to invest approximately Rs 80 billion over a span of six years. Their goal is to increase their capacity to 30 million tpa (tonnes per annum) from the projected 18 million tpa by the end of FY24. The company aims to achieve this target by 2030.

In order to expand their immediate capacity, the company is currently in the process of increasing capacity at their subsidiary, Udaipur Cement Works in Rajasthan, by 2.5 million tpa. This expansion involves both clinker and cement-making capacities of 1.5 million tpa and 2.5 million tpa respectively, requiring an estimated capital expenditure of Rs 1,650 crore.

It is expected that the commissioning of this expansion will take place in the next few quarters, which will position the company as one of the top ten cement manufacturing companies in India. So far, they have already incurred Rs 8.5 billion until FY23.

JK Lakshmi Cement, which recently entered east-central Uttar Pradesh, is pursuing both organic expansion and inorganic growth through acquisitions. Currently, they are exploring the possibility of acquiring land for greenfield projects in Nagaur (Rajasthan) and Kutch (Gujarat).

Furthermore, the company has significant proven reserves in its operational limestone mines in Rajasthan, which allows for the brownfield expansion. However, the new mining assets in Rajasthan and Gujarat have yet to commence operations.

While the government's initiatives are expected to boost demand for infrastructure projects, housing, and construction activities, JK Lakshmi Cement primarily witnesses 62-65% of its demand from the housing sector, 20-25% from infrastructure projects, and the remaining demand from industrial and commercial activities.

Also read:
Brookfield Infra JV to invest on data centre in Mumbai
JSW Steel emerges 'preferred bidder' of mining lease


JK Lakshmi Cement has announced its plans to invest approximately Rs 80 billion over a span of six years. Their goal is to increase their capacity to 30 million tpa (tonnes per annum) from the projected 18 million tpa by the end of FY24. The company aims to achieve this target by 2030. In order to expand their immediate capacity, the company is currently in the process of increasing capacity at their subsidiary, Udaipur Cement Works in Rajasthan, by 2.5 million tpa. This expansion involves both clinker and cement-making capacities of 1.5 million tpa and 2.5 million tpa respectively, requiring an estimated capital expenditure of Rs 1,650 crore. It is expected that the commissioning of this expansion will take place in the next few quarters, which will position the company as one of the top ten cement manufacturing companies in India. So far, they have already incurred Rs 8.5 billion until FY23. JK Lakshmi Cement, which recently entered east-central Uttar Pradesh, is pursuing both organic expansion and inorganic growth through acquisitions. Currently, they are exploring the possibility of acquiring land for greenfield projects in Nagaur (Rajasthan) and Kutch (Gujarat). Furthermore, the company has significant proven reserves in its operational limestone mines in Rajasthan, which allows for the brownfield expansion. However, the new mining assets in Rajasthan and Gujarat have yet to commence operations. While the government's initiatives are expected to boost demand for infrastructure projects, housing, and construction activities, JK Lakshmi Cement primarily witnesses 62-65% of its demand from the housing sector, 20-25% from infrastructure projects, and the remaining demand from industrial and commercial activities. Also read: Brookfield Infra JV to invest on data centre in Mumbai JSW Steel emerges 'preferred bidder' of mining lease

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?