Cement player, JK Lakshmi Cement is looking to raise capacity to 10 million tonne by end of next year.
Speaking to CNBC-TV18, Shailendra Chouksey, wholetime director, JK Lakshmi said that their current capacity is 4.8 million tonne. The company is working on several projects to boost capacity. "We are on the verge of completing our new grinding unit in Haryana which is about half a million tonne. We are also working on greenfield project in Durg. By October or December 13 we should be doubling our capacity to nearly 10 million tonne." There have been reports about cut in cement prices in Himachal Pradesh. However, Chouksey said that they have not seen any price cut at the moment in that region. Below is the edited transcript of ChoukseyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!