JK Lakshmi Cement Expands Footprint in Northeast India with ₹11,000 Crore Investment
Mumbai: In a significant move to bolster India’s infrastructure and economic growth, JK Lakshmi Cement (JKLC) has signed a landmark Memorandum of Understanding (MoU) with the Government of Assam. The agreement, formalized at the Advantage Assam 2.0 Investment and Infrastructure Summit, marks a major milestone in the company’s expansion and commitment to sustainable development.
As part of this MoU, JK Lakshmi Cement will invest ₹11,000 Crore over the next 7-8 years to develop a Greenfield project dedicated to cement production and value-added products. This initiative underscores JK Lakshmi Cement’s dedication to sustainable growth and its contribution to the economic development of the region.
The project is expected to create thousands of direct and indirect employment opportunities, contributing to the socio-economic development of the region and the nation at large. With a strong emphasis on environmentally responsible practices, the Greenfield project aims to set a benchmark for sustainable industrial expansion in the country.
JK Lakshmi Cement’s President & Director, Shri Arun Shukla, stated, “We are delighted to collaborate with the Assam Government on this transformative project. This partnership underscores our commitment to sustainable industrial expansion and aligns with our vision to achieve 30 MT by 2030.”
The company’s participation and substantial investment reaffirm its position as a key contributor to India’s evolving infrastructure landscape.