India: JSW Group eyes capacity expansion

The JSW Group plans to expand its cement production capacity to 30Mta over the next decade from the current 5Mta as it seeks to become a bigger player on the Indian cement market scene.

Speaking to BusinessLine reporters, Seshagiri Rao, Joint Managing Director of JSW Steel said the group plan is to become a significant player in the sector with 30Mta capacity by 2025.

The company, one of India's largest business conglomerates, is looking to setting up grinding units closer to its steel plants. For instance, a grinding unit situated closer to the Dolvi steel plant in Maharashtra can source clinker from Gujarat, mix it with slag available from the plant and tap the vibrant western market. “Alternatively we can also set up grinding units closer to the cement market and take our slag there. We would source clinker from the closest available location so that we remain competitive,” Rao told the business newspaper.