JK Cement to enhance production capacity
In Panna, JK Cement plans to expand its clinker capacity at an estimated cost of ?2,400 crore. Construction has already commenced, involving orders for the main plant and equipment, with the unit expected to be operational by Q3 FY26. Additionally, a greenfield grinding unit in Buxar is planned, with an investment of around ?550 crore. This project is in its early stages, with land acquisition of approximately 80 acres underway, and the company is securing the necessary approvals. Construction is anticipated to start after the monsoon season.
To finance its expansion strategy, JK Cement is utilizing a mix of debt and equity. The company has also recently entered the paints sector and aims to diversify into construction chemicals and tile adhesives, allocating ?600 crore for investments in the paint segment.