As part of its sustained efforts to enhance its competitive position in the market, and to emphasize its leadership within the cement industry in India, JSW Cement launched its newest manufacturing facility in Salboni, West Bengal. Located 160 kms from the city of Kolkata, Salboni will house a 2.4 MTPA cement plant which will boast of manufacturing capabilities for PSC Cement and GGBS
The inauguration of the commencement of construction of cement plant was graced by the Honorable Chief Minister, West Bengal Mamata Banerjee, Mr. Sajjan Jindal- Chairman, JSW Group and Mr. Parth Jindal -who were accompanied by Mr. Pankaj Kulkarni – Director, JSW Cement and Mr. Biswadip Gupta – President Corporate Affairs, JSW Steel Ltd, was also present on the occasion.
The cement plant in Salboni will mark JSW Cement’s entry into the Eastern markets of India. JSW Cement is looking to catapult itself into the top cement manufacturers in India and become the largest manufacturer of PSC (Portland Slag Cement). PSC cement has a 45% market share in the cement industry in Eastern India and is amongst the most eco-friendly type of cement that reduces harmful CO2 emissions.
JSW Cement Ltd will use 134 acres and invest 800 crores in setting up its cement plant. Land for this cement plant has been assigned out of the land acquired for the proposed Steel plant of the group. The cement plant will create job opportunities for the villages surrounding Salboni over the next 2-3 years and will play a crucial role in changing the profile of Salboni and West Bengal to the rest of India in a very positive way.
Speaking on the occasion Mr. Parth Jindal said “we are very excited on this new journey in West Bengal. We have been a dominant player as far as PSC Cement is concerned and we would like to maintain this momentum in the eastern market as well. The PSC Market share in West Bengal is around 40 -45% and we will firm up plans on how we can start taking a larger share of the pie”. We are committed to the society and by making PSC Cement at Salboni in West Bengal, we are conserving natural resources and reducing the carbon footprint in this part of the country. PSC Cement that we make is Green Cement
About JSW Cement Ltd:
JSW Cement Ltd is a part of the $9 billion JSW Group with interests in Steel, Energy and Cement. JSW Cement was started in 2009 and is India's largest manufacturer of 'Portland Slag Cement (PSC)' variant of blended cement which is environmentally friendly and economically viable. JSW Cement currently has a manufacturing capacity of 5.9m MT and has facilities in Vijayanagar (Karnataka) and Nandyal (Andhra Pradesh)