JK Cement targets 18% increase in turnover, India

JK Cement targets 18% increase in turnover, India
Published: 14 February 2011

JK Cement Ltd, one of the leading cement manufacturers in the country, has set a turnover target of around INR20bn (US$439m) the current financial year.

This would be a growth of 17.64 per cent over INR17bn crore which the company had actually achieved in 2009-10.

Addressing media persons here, M P Rawal, president, JK Cement Ltd said, " The growth in turnover will come on the back of the company’s new greenfield cement plant which has been set up at Muddapur village in Karnataka which has a capacity of 3Mta. The company has three cement units in Rajasthan besides the Karnataka plant. The combined capacity of these plants is 7.5Mta.

Apart from catering to the domestic demand, JK Cement is exporting 60,000-70,000t of white cement to African countries, Gulf nations like Kuwait, Bahrain and Oman and also to countries in the Indian sub-continent and South-East Asia like Nepal, Bangladesh, Bhutan, Sri Lanka, Singapore, Thailand, Indonesia and Philippines.