JK Lakshmi Cement (JKLC) has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest Rs 11,000 crore over the next 7-8 years in a greenfield cement production and value-added products project.
The agreement was signed by JKLC President and Director Arun Shukla, with Assam Chief Minister Himanta Biswa Sarma in attendance. This investment is expected to significantly boost India’s infrastructure and contribute to the country’s economic growth. The project is aligned with the Government of India's goal to position the Northeast as a key industrial and infrastructural hub.
The initiative is expected to create thousands of direct and indirect jobs, driving socio-economic development in the region. It will also reinforce India’s position as a rapidly growing economy, attracting further investments in infrastructure and manufacturing while supporting the nation’s vision of sustainable and inclusive progress.
Arun Shukla expressed that the partnership highlights JKLC’s commitment to sustainable industrial expansion. He emphasised that the project will improve Assam’s infrastructure, generate employment, and stimulate economic growth, contributing to India’s broader goals of self-reliance and inclusive development.
Additionally, the company aims to achieve a production capacity of 30 million tonnes by 2030, nearly doubling its current capacity of 16.5 million annually. With an annual turnover exceeding Rs 6,000 crore, JK Lakshmi Cement holds a strong presence in Northern, Western, and Eastern India’s cement markets.
