We will increase capacity at Dolvi from 1 mtpa to 2.2 mtpa by 2018
Steel

We will increase capacity at Dolvi from 1 mtpa to 2.2 mtpa by 2018

<span style="font-weight: bold;">- Parth Jindal, Managing Director, JSW Cement</span><br /> <br /> This time last year, JSW Cement launched its 'Concreel HD' in India's southern markets. Now, the company has begun its retail foray in western India, having commenced the manufacture of Concreel HD at its Dolvi unit in Maharashtra, which will be marketed through 1,000 retail outlets. 'We will increase capacity in our Dolvi plant from 1 mtpa to 2.2 mtpa by 2018 and further expand it to 4.5 mtpa by 2019 to cater to the demand in the region,'says <span style="font-weight: bold;">Parth Jindal, Managing Director, JSW Cement. </span>'The company is on track to meet its vision of 20 mtpa by 2020,' he adds, as he speaks about the company's plans in conversation with <span style="font-weight: bold;">SERAPHINA D'SOUZA.</span> <p></p> <p> <span style="font-weight: bold;">What impact will the launch of this product in the western region have on the company's turnover? </span><br /> Currently, in the west, JSW Cement caters to the non-trade segment - real estate and construction - and are not present in the trade segments. With the launch of this product, we will establish our retail presence and expect this to increase off-take from the western region. We are adding another 1.2 million tonne to our current 1 million tonne capacity, from which we aim to have 1 million tonne for the non-trade and 1 million tonne for the trade segment. This expansion will significantly impact our turnover. Further, we will set up units across the coastline from Gujarat to Kerala and Tamil Nadu via the coast. </p> <p>The capacity of all plants put together is roughly about 12.6 million tonne. Our target is to reach 20 million tonne by 2020. </p> <p> <span style="font-weight: bold;">What prompted you to enter the west region?</span><br /> Having launched Concreel HD in the west, we will be competing with all the 'A' category players in this space. Maharashtra is an important market for us considering that JSW Steel is expanding its capacity from 5 million tonne to 10 million tonne in Dolvi. Hence, cement capacity is increasing from 2.2 million to 4.5 million over the next two years. So, considering this expansion, this launch was extremely important. Our 2.2 mtpa capacity Dolvi plant will be used to fulfil the demand for Concreel HD in the western belt. Initially, the product will be available in the Mumbai, Thane, Navi Mumbai and Raigad regions, and will then cover the rest of Maharashtra, including Pune, Nasik, Ratnagiri and Satara in the initial months of 2018. </p> <p>Next year, we expect to have about 20 per cent market share in the western region. We are currently operating at more than 100 per cent capacity utilisation (in the west), which is why we have added 1.2 million capacity. Pan-India, we are targeting a capacity utilisation of 75 per cent next year.</p> <p> <span style="font-weight: bold;">Tell us about the applications of this product in the Indian scenario.</span><br /> The genesis of the name comes from concrete + steel. It is an all-application cement for the trade segment but about 60 per cent of consumption happens in the concrete category. It is an arduous cement for concrete; one cement with six strengths. It has high early strength and quick setting, improves chemical resistance, provides for superior cohesion, is durable and a green product. It is ideal for strength-bearing applications such as beams, columns, slabs and foundations. </p> <p> <span style="font-weight: bold;">What opportunities are you exploring in coming months?</span><br /> The Indian cement market will see an improvement in demand. This will be driven by the infrastructure and housing segments. Concreel HD is well-positioned to capitalise on these opportunities. Our aim is to do an IPO in 2019-2020, and build the company from 20 million tonne to 50 million tonne.</p> <p> To share your views, write in at feedback@ConstructionWorld.in</p>

<span style="font-weight: bold;">- Parth Jindal, Managing Director, JSW Cement</span><br /> <br /> This time last year, JSW Cement launched its 'Concreel HD' in India's southern markets. Now, the company has begun its retail foray in western India, having commenced the manufacture of Concreel HD at its Dolvi unit in Maharashtra, which will be marketed through 1,000 retail outlets. 'We will increase capacity in our Dolvi plant from 1 mtpa to 2.2 mtpa by 2018 and further expand it to 4.5 mtpa by 2019 to cater to the demand in the region,'says <span style="font-weight: bold;">Parth Jindal, Managing Director, JSW Cement. </span>'The company is on track to meet its vision of 20 mtpa by 2020,' he adds, as he speaks about the company's plans in conversation with <span style="font-weight: bold;">SERAPHINA D'SOUZA.</span> <p></p> <p> <span style="font-weight: bold;">What impact will the launch of this product in the western region have on the company's turnover? </span><br /> Currently, in the west, JSW Cement caters to the non-trade segment - real estate and construction - and are not present in the trade segments. With the launch of this product, we will establish our retail presence and expect this to increase off-take from the western region. We are adding another 1.2 million tonne to our current 1 million tonne capacity, from which we aim to have 1 million tonne for the non-trade and 1 million tonne for the trade segment. This expansion will significantly impact our turnover. Further, we will set up units across the coastline from Gujarat to Kerala and Tamil Nadu via the coast. </p> <p>The capacity of all plants put together is roughly about 12.6 million tonne. Our target is to reach 20 million tonne by 2020. </p> <p> <span style="font-weight: bold;">What prompted you to enter the west region?</span><br /> Having launched Concreel HD in the west, we will be competing with all the 'A' category players in this space. Maharashtra is an important market for us considering that JSW Steel is expanding its capacity from 5 million tonne to 10 million tonne in Dolvi. Hence, cement capacity is increasing from 2.2 million to 4.5 million over the next two years. So, considering this expansion, this launch was extremely important. Our 2.2 mtpa capacity Dolvi plant will be used to fulfil the demand for Concreel HD in the western belt. Initially, the product will be available in the Mumbai, Thane, Navi Mumbai and Raigad regions, and will then cover the rest of Maharashtra, including Pune, Nasik, Ratnagiri and Satara in the initial months of 2018. </p> <p>Next year, we expect to have about 20 per cent market share in the western region. We are currently operating at more than 100 per cent capacity utilisation (in the west), which is why we have added 1.2 million capacity. Pan-India, we are targeting a capacity utilisation of 75 per cent next year.</p> <p> <span style="font-weight: bold;">Tell us about the applications of this product in the Indian scenario.</span><br /> The genesis of the name comes from concrete + steel. It is an all-application cement for the trade segment but about 60 per cent of consumption happens in the concrete category. It is an arduous cement for concrete; one cement with six strengths. It has high early strength and quick setting, improves chemical resistance, provides for superior cohesion, is durable and a green product. It is ideal for strength-bearing applications such as beams, columns, slabs and foundations. </p> <p> <span style="font-weight: bold;">What opportunities are you exploring in coming months?</span><br /> The Indian cement market will see an improvement in demand. This will be driven by the infrastructure and housing segments. Concreel HD is well-positioned to capitalise on these opportunities. Our aim is to do an IPO in 2019-2020, and build the company from 20 million tonne to 50 million tonne.</p> <p> To share your views, write in at feedback@ConstructionWorld.in</p>

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement