Mumbai, July 16 -- JSW Cement has set out plans to become one of India's top five cement companies by scaling capacity to 60 million tonnes per annum (MTPA). In its annual report the company said the next growth phase will require simultaneous ramping up of capacities, market expansion and improved utilisation while emphasising sustainability and digital adoption. The statement framed the strategy as focused on responsible scaling and lower-carbon construction.
The company noted current grinding capacity stands at 24.10 MTPA supported by nine point seven four MTPA of clinker capacity and consolidated sales grew 10.1 per cent to 13.51 MTPA. Management said the short to medium term will demand strengthening the ground granulated blast furnace slag franchise, growing premium products and improving cost competitiveness. The roadmap combines brownfield expansion and greenfield additions to broaden the manufacturing footprint.
Leadership set a near term milestone of progressing to 35.25 MTPA by 2028 and an ambition to reach 46 MTPA in subsequent years through deeper presence across northern, central and eastern India. The company reported a capital expenditure of Rs 19,470 mn during the fiscal year and indicated that the capex programme will remain phased in line with project milestones and funding capacity. Investments in the next two years will focus on large integrated projects and brownfield capacity additions.
Management pointed to external volatilities such as geopolitical tensions affecting imported fuel, diesel and packaging costs and said these factors will be monitored as part of risk management. The annual report described a need to deepen digital adoption and accelerate sustainability actions while enhancing operational efficiency. The company stated it is positioned to deliver long term growth and strengthen leadership in sustainable low cost cement manufacturing.
Published by HT Digital Content Services with permission from Construction World.