JK Lakshmi cement looking for new growth avenues.

JK Lakshmi Cement, part of the HS Singhania Group, has ambitious expansion programme that will help the company achieve its aspirational cement manufacturing capacity of about 20 million tonnes per annum (mtpa) over the next five years. By end-March 2016, the company will have a total cement manufacturing capacity of 11 mtpa with units spread across Durg in Chhattisgarh, Sirohi in Rajasthan alongwith grinding units in Kalol (Gujarat) and in Jharli (Haryana).

Speaking to ET, JK Lakshmi Cement wholetime director Shailendra Chouksey said: 'We plan to look for new growth avenues after consolidating ourselves in the current financial year 2014-15. Apart from the inorganic route, our existing units at Udaipur, Rajasthan and Durg are amenable for further expansion. We would focus on leveraging our existing capacity and then, subsequently, look at greenfield projects or buyouts.'



ET