Jindal Cement is set to quadruple its production capacity to 10 million tonne over the next two to three years, backed by an investment of around Rs 3,000 crore.
The expansion will enhance output at its Raigarh plant in Chhattisgarh and Angul plant in Odisha, which currently have a combined capacity of 2.5 million tonne annually. Of the planned investment, Rs 2,500 crore will be used to add 4.5 million tonne of capacity—three million tonne at Raigarh and 1.5 million tonne at Angul. The expansion is strategically aligned with India’s robust infrastructure and housing growth, which is expected to sustain strong demand for cement and steel.
As part of Naveen Jindal’s Jindal Steel group, the company aims to leverage its proximity to steel operations for operational efficiency. This move positions Jindal Cement to emerge as a significant player in India’s growing cement market. CEO Rohit Vohra stated, “We are building scale in a calibrated and sustainable manner.”