Concrete

JK Cement enters with JV with Saifco Cements

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JK Cement has formalised a joint venture with Saifco Cements, acquiring a 60 per cent stake and becoming the first major cement manufacturer to invest directly in Jammu and Kashmir. This landmark move strengthens JK Cement’s commitment to regional development, with plans to boost infrastructure, create jobs and implement sustainable manufacturing practices. The partnership leverages Saifco’s established plant in Khunmoh, Srinagar, equipped with clinker and grinding units and limestone reserves. JK Cement aims to empower local communities, reduce carbon footprint and attract further investment into the Valley. Backed by government support, this collaboration signals a new chapter of inclusive industrial growth in Northern India and reaffirms JK Cement’s long-term vision for sustainable development.

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