In a landmark move aimed at strengthening India’s industrial and infrastructural landscape, JK Lakshmi Cement (JKLC), a leading cement manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Assam. The agreement, announced at the Advantage Assam 2.0 Investment and Infrastructure Summit, will see the company invest ₹11,000 Crore over the next 7-8 years to establish a Greenfield project dedicated to cement production and value-added products.
The MoU was formalized by Arun Shukla, President & Director of JK Lakshmi Cement, in the presence of Assam Chief Minister Himanta Biswa Sarma. This investment marks a significant milestone in JK Lakshmi Cement’s expansion strategy, reinforcing its commitment to sustainable industrial growth while playing a crucial role in the region’s economic development.
The ambitious project aligns with the Government of India’s vision of positioning Northeast India as a hub for industrial and infrastructural development. The investment is expected to generate thousands of direct and indirect employment opportunities, providing a significant boost to the socio-economic landscape of Assam and its neighbouring states.
By integrating sustainable industrial practices, JK Lakshmi Cement aims to set new benchmarks in environmentally responsible production. The Greenfield project will incorporate advanced technology and sustainable solutions, ensuring a minimal ecological footprint while maximizing efficiency.
Speaking at the event, Arun Shukla, President & Director of JK Lakshmi Cement, expressed his enthusiasm for the partnership, stating, “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.”
JK Lakshmi Cement’s expansion in Assam signifies a strategic step in ensuring long-term industrial sustainability. The company’s commitment to high environmental standards reflects its dedication to balancing economic growth with ecological responsibility.
The Advantage Assam 2.0 Investment and Infrastructure Summit serves as a vital forum for government and industry leaders to collaborate on regional development strategies. JK Lakshmi Cement’s substantial investment further strengthens the summit’s goal of fostering economic transformation in the Northeast region.
With this investment, JK Lakshmi Cement continues to reinforce its position as a key player in India’s evolving infrastructure sector. The initiative not only promises to enhance the economic potential of Assam but also aligns with India’s broader vision of sustainable and inclusive industrial progress.
