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News: JK Cement commissioned its grey cement grinding unit of 2 mtpa located at Prayagraj, Uttar Pradesh, a part of expansion plan announced.
Views: This 2 mtpa of cement grinding unit has been timely commissioned. With commissioning of this capacity, the total grey cement capacity now stands at 24.34 mtpa. This expansion enabled JK Cement to increase its penetration in central region. The company has been expanding its capacity aggressively (~7 million tons of capacity added in the last one year). With another 6 mtpa (3 mtpa in Bihar & 1 mtpa each in Panna, Hamirpur & Prayagraj) of capacity expansion plan under process, company’s grey cement capacity will increase to ~30 mtpa by FY26E.
Impact: Positive