Jaypee Group to hike cement capacity
Jaypee Group is to increase its cement production to around 50 million tonnes per annum over the period of next five years. The hike will be by 16.5 million tonnes.
Executive Vice Presidnt of Jaiprakash Associate Shiva Dixit
said that,"Our current capacity is 33.5 mtpa. By the end of this year, it will reach to 36 million tonnes per annum. We are evaluating various locations and are targeting to touch 50 million tonnes per annum cement capacity over the next five years."
He added, "We plan to expand mostly in the current location. We are presently working in 11 states. We have plans for states where we do not have presence, like Karnataka and North East. We do have plans for the East, but they are yet to be crystallized". Jaypee Group is at present the third largest cement maker company in India and sells cement cement across all regions apart from South. They have majority of their sells in central region; it was around 17 million tonnes last fiscal.