JSW Cement plans to double capacity
JSW Cement Ltd, a part of $11 billion JSW Group led by Sajjan Jindal, is planning to expand the manufacturing capacity of its Dolvi facility in Maharashtra from 1 million tonne (mt) per annum to 2.2 mt by February.
The company has started manufacturing its Concreel HD product line launched a year ago in the Dolvi plant to cater to the demand from the western region.
Although JSW does not have presence in the retail segment in the region, it aims at growing its market share in the region to 20 per cent within a year’s time, Pushpraj Singh, Chief Marketing Officer, told. Around 80 per cent of total sales of the company are currently coming from the five States of the Southern region, he added. The first phase of expansion at Dolvi plant will take the company’s total capacity to 12.5 mt. JSW Cement is further planning to increase the Dolvi plant capacity to 4.5 mt by 2019. The company is investing around ₹1,500 crore in the two-stage expansion, Parth Jindal, Managing Director told.