JSW Cement, part of the JSW Group, aims to triple its cement manufacturing capacity to 60 million tonne per annum (MTPA) in the coming years and emerge among India’s top-five cement companies.

Managing Director Parth Jindal stated that the company currently has a 20 MTPA capacity and sufficient resources—mines, land, and assets—to scale up organically. Internal accruals will fund expansion to 42 MTPA, with the possibility of qualified institutional placement (QIP) or follow-on offerings to support further growth or acquisitions.

Parth Jindal emphasized that while the primary route is organic growth, JSW Cement remains open to acquisitions if strategic opportunities arise. He also noted that the Indian cement industry is projected to grow six to seven percent in FY26, driven by increased infrastructure spending by the government.