Rs 1,500-Cr Investment Expansion Plan of Jk Cement

Rs 1,500-Cr Investment Expansion Plan of Jk Cement
12/10/2017 , by , in ALLIED

In the next two – three years JK Cement plans to invest up to Rs 1,500 crore to hike production capacity of grey cement by over 30 per cent to 14 million tonnes per annum (mtpa), as per the news records.

The company is keeping its options of either setting up new units or expand at the existing plants to tap growth opportunities in the grey cement segment, with demand primarily expected to come from the government’s push for big infra projects, besides uptick in rural housing and good monsoon.

“We are working to increase our installed manufacturing capacity for grey cement from 10.5 mt to nearly 14 mt at an investment of Rs1,000-1,500 crore,” said officials as per the records.

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