JK Lakshmi Cement eyes double digit sales growth this fiscal

JK Lakshmi Cement is targeting double digit sales growth this fiscal with the cement industry likely to benefit from increased demand from infrastructure projects and housing sector.

The company, which is currently investing Rs 150 crore to set up a new grinding unit at Odisha, also expects allied products like readymade concrete, plaster of paris and mortars to pick up.

"We are looking at reversal of demand consumption...I would not be satisfied with the single digit growth of the company. I would definitely target a double digit growth for this fiscal," JK Lakshmi Cement whole-time director Shailendra Chouksey told

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