JSW Cement, the cement arm of the JSW group, is set to commence production from its Nandyal plant in Andhra Pradesh from next month.
This is the first time JSW cement will sell in the market for wholesale and retail buyers. It currently caters only to ready mix concrete manufacturers.
A group spokesperson said: “We are in the final stages of commissioning the state-of-the art integrated cement plant in Nandyal, Andhra Pradesh with a capacity of 4.4Mta. We have drawn plans to produce around 2Mt in the current financial year. We are in the process of establishing our dealer network for the Portland slag cement (PSC) product. The investment for this cement plant at Nandyal has been around INR1400 crore.”
The spokesperson added: “Production from Nandyal will cater to Tamil Nadu, Karnataka and Hyderabad. We will further extend our reach in the days ahead.”
Sources say the company is looking to venture into the east, which will include West Bengal and Orissa through portways. Plans on the drawing board also include setting up a cement unit in its forthcoming steel plant in Salboni, in the West Medinipur district at a later stage.