JSW Cement Sets Sights on Top 5: Triples Capacity to 60 MTPA

JSW Cement, a part of the JSW Group, plans to triple its production capacity to 60 million tonnes per annum (MTPA) in the coming years, aiming to secure a position among India’s top five cement producers.

Managing Director Parth Jindal stated that the company currently operates at 20 MTPA and has adequate mines, land, and assets to support organic expansion. The scale-up to 42 MTPA will be funded through internal accruals, while additional growth—through further expansion or acquisitions—may be supported via Qualified Institutional Placements (QIP) or follow-on public offerings.

While reaffirming a focus on organic growth, Jindal emphasized that JSW Cement remains open to acquisitions if strategically aligned opportunities arise. He also highlighted a 6–7% projected growth for the Indian cement industry in FY26, fueled by rising government infrastructure spending.

News by Rahul Yelligetti.