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 16.50 billion. 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).Contact: JK Lakshmi CementTel: 011-66001112Email: jklc.customercare@jkmail.comWebsite: www.jklakshmicement.com