JK Lakshmi Cement Expands Footprint in N-E with ₹11,000-Crore MoU with Assam

New Delhi, March 7, 2025: JK Lakshmi Cement (JKLC) has signed a landmark Memorandum of Understanding (MoU) with the Government of Assam at the Advantage Assam 2.0 Investment and Infrastructure Summit. The agreement, formalized by Arun Shukla, President & Director of JK Lakshmi Cement, in the presence of Assam Chief Minister Himanta Biswa Sarma, marks a major milestone in the company’s expansion and commitment to sustainable development.

As part of this MoU, JK Lakshmi Cement will invest INR 11,000 Crore over the next 7-8 years to develop a Greenfield project dedicated to cement production and value-added products. This initiative underscores JK Lakshmi Cement’s dedication to sustainable growth and its contribution to the economic development of the region.

The project further aligns with the Government of India’s focus on positioning the Northeast region as a hub for industrial and infrastructural growth. By integrating sustainable practices, JK Lakshmi Cement aims to set a benchmark for environmentally responsible industrial expansion in the country. This investment is poised to create thousands of direct and indirect employment opportunities, contributing to the socio-economic development of the region and the nation at large. Moreover, the initiative reinforces India’s position as a rapidly growing economy, attracting significant investments in critical sectors like infrastructure and manufacturing, while supporting the nation’s vision of inclusive and sustainable progress.

Arun Shukla, President & Director, JK Lakshmi Cement, said, “We are delighted to collaborate with the Assam Government on this transformative project. This partnership underscores our commitment to sustainable industrial expansion and aligns with our vision to achieve 30 MT by 2030. Beyond strengthening Assam’s infrastructure, this initiative will generate employment opportunities and catalyse economic growth in the region, while contributing to the nation’s broader goals of self-reliance and inclusive development.”

With a strong emphasis on environmentally responsible practices, the Greenfield project is a testament to JK Lakshmi Cement’s dedication to nation building while upholding the highest environmental standards. The company aims to ensure that this project not only fuels economic progress but also integrates sustainable solutions for long-term impact.

The Advantage Assam 2.0 Investment and Infrastructure Summit serves as a vital platform for fostering government and industry collaborations to drive regional development. JK Lakshmi Cement’s participation and substantial investment reaffirm its position as a key contributor to India’s evolving infrastructure landscape.