· The Company will organize a virtual launch event for channel partners
· The new plant will enable increasing employment opportunities for the locals and further strengthen the brand’s deep-rooted presence across the country
· Will cater to adjoining areas such as Surat, Baroda, Ahmedabad and Godhra, among others
Mumbai, 23rd October 2020 (GNI): JK Cement, India’s premier cement company, will be organizing a virtual launch of its new Grey Cement grinding unit in Balasinor, Gujarat for its dealers on 24th October 2020. Commercial dispatches have already commenced from this unit that has a capacity of 0.7mtpa (million tonnes per annum). With this addition, the brand has further reinforced its growing footprint in India, aligning with its commitment to ‘Cementing the Nation’ and contributing to the country’s economy and industrial prowess. The company has successfully completed its grey cement capacity expansion of 4.2mtpa comprising of (2mtpa), in Rajasthan, Uttar Pradesh (1.5mtpa) and Gujarat (0.7mtpa).
JK Cement has partnered India’s multi-sectoral infrastructure needs on the strength of its product excellence, customer orientation and technology leadership. This new plant will not only generate employment opportunities for locals, but would also facilitate access to quality cement for consumers, coupled with on-time delivery.
While all companies are grappling with the economic impact of the COVID 19 induced lockdown and revisiting their organizational strategies, JK Cement is the only brand to have made such an announcement at such a juncture, eying a strong volume growth in Q2 FY21 along with business and financial synergies.
Mr. Raghavpat Singhania, Managing Director, JK Cement, said, “As a leading brand, we have steadfastly held on to our commitment to serve our customers in the best way possible and also contribute to industrial growth. Our decades of legacy in the Indian market hinges on our superlative product quality and real-time project delivery. The establishment of this new plant in Balasinor marks our foray into Western India.”
Mr. A.K. Saraogi, Dy. Managing Director & CFO, JK Cement commented, “The new plant will enable us to further strengthen our presence in India’s high growth markets, generate employment opportunities for the locals and help us serve our customers better. While we are already supplying to the active cement demand in Gujarat, the Balasinor grinding unit will enable us to cater to the high potential markets across Surat, Baroda and Rajkot and others. We have over four decades of experience in the Cement manufacturing industry with an installed grey cement capacity of 14 MPTA. With the commissioning of this plant in Balasinor, our total capacity has touched 14.7 MTPA. “
The Balasinor plant is spread over a total area of over 8 hectares and has been set up at a total project cost of Rs. 200 crore. This is a part of the Company’s total funding outlay of Rs 2000 crores for capacity addition to the tune of 4.2 MN tonnes.
About JK Cement Ltd is an affiliate of the multi-disciplinary industrial conglomerate JK Organisation, founded by Lala Kamlapat Singhania. We have over four decades of experience in cement manufacturing and partnering the multi-sectoral infrastructure needs of India on the strength of our product excellence, customer orientation and technology leadership.
JK Cement has an installed Grey Cement capacity of 14.7 MTPA making us one of the leading manufacturers in the Country. Our market presence for Grey Cement spans across Rajasthan, MP, Gujarat, J&K, Haryana, Punjab, Delhi, UP and Uttarakhand in the North and Karnataka, Goa, Maharashtra and Kerala in the South. Our new Grey Cement manufacturing units in UP and Gujarat will further strengthen our growing footprints.
JK White Cement, a division of JK Cement Ltd., enjoys a PAN India presence and the Company is the leading producer of Wall Putty in the Country. Having established a strong presence in India, we made our first international foray with setting up of a green-field dual process White Cement-cum-Grey Cement plant in the free trade zone at Fujairah, U.A.E to cater to the GCC and African markets. We supply White Clinker and White Cement to more than 40 countries across the globe. With the commissioning of this plant, JK Cement became one of largest producers of White Cement in the world.
Backed by state-of-the-art technology, access to the best quality raw materials and highly skilled manpower against the backdrop of India’s infrastructural growth, JK Cement has been able to successfully secure the stature of a promising brand. Superior products and a strong brand name, an extensive marketing and distribution network, and technical know-how represent our abiding strengths.ends
Be the first to comment on "JK Cement fortifies its PAN India presence; will launch the new grinding unit at Balasinor, Gujarat on 24th October, 2020"