JK Lakshmi to commission new grinding unit, India

JK Lakshmi to commission new grinding unit, India
Published: 26 March 2012


JK Lakshmi will commission a new 500,000tpd clinker grinding unit at Jharli in the next 2-3 days, managing director Vinita Singhania, said.

The new plant will help the company lower its transportation costs as it currently caters to this key market from its main plant in Rajasthan. 

The Delhi-based company spent INR1bn raised through internal accruals and debt over the last 18 months to set up the unit, Mr Singhania said. Production at the facility will gradually be increased to reach 100 per cent utilisation over the coming months.