JK Lakshmi Cement (JKLC), a leading cement manufacturer, has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹11,000 crore over the next 7-8 years. The agreement was formalized at the Advantage Assam 2.0 Investment and Infrastructure Summit in the presence of Chief Minister Himanta Biswa Sarma and JKLC President & Director Arun Shukla.
The investment will fund the establishment of a Greenfield cement project, focusing on cement production and value-added products. This move aligns with JKLC’s vision of achieving 30 million tonnes (MT) capacity by 2030 while promoting sustainable industrial expansion. “This initiative not only strengthens Assam’s infrastructure but also generates employment and drives regional economic growth,” said Arun Shukla.
Guwahati is poised to benefit significantly from this development. Increased cement production will streamline supply chains, reduce material costs, and support large-scale infrastructure projects. With rising construction activity in the city, including residential and commercial developments, JKLC’s investment is expected to enhance market competitiveness and cement availability.
