JK Cement Announces ₹4,805 Crore Investment for 7 MTPA Greenfield Plants in Rajasthan and Punjab

JK Cement Ltd, one of India’s leading producers of grey cement and a global leader in white cement, has announced a massive ₹4,805 crore greenfield expansion plan. The company’s board approved the project, which will significantly enhance its cement production capacity by 7 million tonnes per annum (MTPA). The move underlines JK Cement’s ambition to strengthen its presence in India’s growing cement market and meet the rising demand for infrastructure and housing.

Details of the Expansion Plan

The newly approved expansion involves both clinkerisation and cement grinding units. As part of the plan:

• A 4 MTPA clinkerisation unit will be set up in Jaisalmer, Rajasthan.

• A 3 MTPA cement grinding facility will also be established in the same location.

• Additionally, two split grinding units of 2 MTPA each will be developed in Rajasthan and Punjab.

With this expansion, JK Cement aims to improve its regional supply footprint while tapping into the growing demand for cement in northern India.

Investment and Strategic Impact

The project requires a total investment of ₹4,805 crore. This greenfield expansion is expected to:

• Increase JK Cement’s total production capacity, strengthening its competitive position in the industry.

• Enhance operational efficiency by combining clinker and grinding facilities.

• Support India’s infrastructure growth, particularly in the housing, commercial, and industrial sectors.

By strategically situating plants in Rajasthan and Punjab, the company will be able to reduce logistical costs while serving key markets more efficiently.

Senior Management Changes Announced

Alongside the expansion plan, JK Cement also announced key senior management changes:

• Shambhu Singh, Company Secretary and Compliance Officer, who has served the company for over 17 years, will retire on October 31, 2025.

• Bhumika Sood, currently Deputy Company Secretary, will succeed him as Company Secretary and Compliance Officer from November 1, 2025. She will also be designated as Key Managerial Personnel (KMP) and part of the Senior Management team.

• Raghav Moreshwar Tare, Group Financial Controller, has been promoted to Senior Management Personnel effective August 1, 2025.

• Neeraj Singhal, who earlier served as Group Financial Controller and Senior Management member, transitioned to the role of Head – Internal Audit & Risk Compliance on August 1, 2025. Since this role is independent of management, he is no longer classified as Senior Management Personnel.

These transitions reflect the company’s focus on leadership continuity and governance as it embarks on a new growth phase.

Stock Market Performance

JK Cement’s expansion announcement comes at a time when its stock continues to perform steadily. On Thursday, August 14, shares of JK Cement Ltd closed at ₹7,006.50 on the Bombay Stock Exchange (BSE), marking an increase of ₹67.85 or 0.98%.

The positive market response indicates investor confidence in the company’s growth trajectory and its ability to deliver on ambitious expansion plans.

Outlook for JK Cement

The greenfield expansion aligns with the company’s vision to:

• Expand capacity to meet rising domestic demand.

• Strengthen its regional presence in North India.

• Contribute to India’s infrastructure development goals.

With an investment of nearly ₹5,000 crore, JK Cement is positioning itself to capture market opportunities, improve operational efficiency, and deliver long-term value to shareholders. The management restructuring also ensures the company has the right leadership framework to support this ambitious growth phase.

Conclusion

JK Cement’s ₹4,805 crore expansion project is set to boost its production capacity by 7 MTPA, with new facilities across Rajasthan and Punjab. Coupled with significant leadership changes and positive market performance, the company is gearing up for a new era of growth in the Indian cement industry.

As infrastructure spending and housing demand continue to rise, JK Cement’s expansion places it in a strong position to meet market needs and reinforce its role as a leading cement manufacturer in India.