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JK Cement launches a new unit at Balasinor
JK Cement organized a virtual launch of its new grey cement grinding unit, at Balasinor in Gujarat, for its dealers on October 24.
Commercial dispatches have already commenced from this unit that has a capacity of 0.7mtpa (million tonnes per annum), said a press release by the manufacturer.
With this addition, the brand has further reinforced its growing footprint in the country. The company has successfully completed its grey cement capacity expansion of 4.2mtpa comprising (2mtpa), in Rajasthan, Uttar Pradesh (1.5mtpa), and Gujarat (0.7mtpa).
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.”
AK Saraogi, Dy. Managing Director & CFO, JK Cement, said, “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.”
The Balasinor plant is spread over a total area of over eight hectares and has been set up at a total project cost of Rs. 200 crores.
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