JK Lakshmi Cement to invest Rs 500 cr in Bihar, to set up plant at Madhubani

PATNA: JK Lakshmi Cement, part of the JK Organisation, will invest Rs 500 crore in Bihar to set up a manufacturing plant at Madhubani district, said its President and Director Arun Shukla on Friday.

The Bharat Hari Singhania family-promoted Rs 6,000 crore firm has signed a Memorandum of Understanding (MoU) with the state government for its proposed manufacturing unit.

“We are setting up a cement plant at Madhubani district in Bihar with an investment of Rs 500 crore,” J K Lakshmi Cement President and Director Arun Shukla told PTI on the sidelines of Bihar Business Connect 2024 Summit here.