JSW Cement eyes 60 MTPA capacity as it targets top-five position in India

New Delhi: JSW Cement, part of USD 23 billion JSW Group, said its next growth phase will be "larger and more demanding" and the coming years will require simultaneously ramping up capacities, expanding into new markets, and enhancing capacity utilisation, said its Managing Director Parth Jindal in the latest annual report.

Besides, it will have to strengthen its ground granulated blast furnace slag (GGBS) business, improve cost competitiveness, grow premium products, deepen digital adoption and accelerate sustainability initiatives, he said while addressing the shareholders.

Also Read: JSW Cement to boost capacity 65% by 2028


"Our next phase will be larger and more demanding. It will also be full of opportunity. India's growth story needs cement companies that can scale responsibly, produce efficiently and support lower-carbon construction. We are building ourselves for that role," he said.

The company said it is advancing its vision to become one of India's top five cement companies, with plans to scale up capacity to 60 million tonnes per annum (MTPA) in the long term.

"JSW Cement is advancing its vision to become one of India's top five cement companies through expansion of its manufacturing footprint, along with a clear focus on enhanced operational efficiency and sustainability. The Company's vision is to reach a capacity of 60 MTPA," said the company in its maiden annual report, which was listed last year.

JSW Cement's current grinding capacity stands at 24.10 MTPA, supported by 9.74 MTPA of clinker capacity. Its consolidated sales grew 10.1 per cent to 13.51 MTPA.

Looking to FY27, Jindal said the company must "ramp up new capacities, enter new markets, raise utilisation, strengthen the GGBS franchise, improve cost competitiveness, grow premium products, deepen digital adoption and accelerate sustainability actions" all at once, calling this the phase that will test the organisation's depth.

However, he also pointed to external volatilities such as geopolitical tensions affecting imported fuel, diesel and packaging costs.

Its Chairman, Seshagiri Rao MVS, said JSW Cement will continue to project itself as a pan-India cement company built on expansion, leadership, people capability, governance strength and enduring value creation.

"We are currently operating at an installed capacity of 24.1 MTPA and progressing towards 35.25 MTPA by 2028 through brownfield expansion and greenfield capacity additions. Looking beyond 2028, our ambition is to reach 46 MTPA in the next few years through a stronger presence in strategically important markets across northern, central and eastern India," he said.

JSW Cement, which incurred a capex of Rs 1,947 crore during FY 2025-26 said its capital expenditure programme will remain phased in line with project milestones and funding capacity, with investments in FY26 and FY27 focused on expanding manufacturing capacity through large integrated projects and brownfield additions.

"JSW Cement remains well-positioned to deliver long-term growth and strengthen its leadership in sustainable, low-cost cement manufacturing," the company said.