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JK Lakshmi Cement eyes double digit sales growth in FY18

JK Lakshmi Cement is eyeing double digit sales growth this fiscal with the cement industry likely to benefit from increased demand from infrastructure projects and housing sector. The company, which is currently investing Rs 150 crore to set up a new grinding unit at Odisha, also expects allied products like readymade concrete, plaster of paris and mortars to pick up.

JK Lakshmi Cement, part of the $4 billion JK Group, operates integrated cement facilities at Sirohi (Rajashthan), Durg (Chhatisgarh), Kalol and Surat (Gujarat) and Jharli (Haryana).

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