JK Cement Ltd, one of the leading cement manufacturers in the country, has set a turnover target of around Rs 2000 crore in the current financial year.
This would be a growth of 17.64 per cent over Rs 1700 crore which the company had actually achieved in 2009-10.
Addressing media persons here, M P Rawal, president, JK Cement Ltd said, “We achieved a turnover of Rs 1700 crore in 2009-10 and hope to close the current fiscal with a turnover of Rs 2000 crore. The growth in turnover will come on the back of the company's new greenfield cement plant which has been set up at Muddapur village in Karnataka which has a capacity of three million tonne per annum (mtpa).”The company has three cement manufacturing units in Rajasthan besides the Karnataka plant. The combined capacity of these plants is 7.5 mtpa.
Apart from catering to the domestic demand, JK Cement is exporting 60,000-70,000 tonnes of white cement to African countries, Gulf nations like Kuwait, Bahrain and Oman and also to countries in the Indian sub-continent and South-East Asia like Nepal, Bangladesh, Bhutan, Sri Lanka, Singapore, Thailand, Indonesia and Philippines.