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VOL. 2, ISSUE 6 (2017)
Liquidity and Solvency Ratio Analysis of JK Cement Group
Authors
Suman Rani Pannu
Abstract
Cement is an essential component required for the development of the infrastructure and various housing programmes which are necessary for the socio-economic growth and development of the country. The Indian cement industry is the second largest producer of cement in the world but ahead of the united statesand Japan. For over 3 decades, JK cement’s business priorities have been closely aligned with national aspirations and objectives. During this period India’s economic growth and Govt. reforms have lifted millions of people from poverty and ignorance by giving them an opportunity to live life with dignity. JK cement long term vision is also the same and it has succeeded in achieving its objectives. History – The story of JK Lakshmi Cement Limited began in the year-1982 from. The place- a remote area in the zero industry district of Sirohi in Rajasthan. And as it has completed more than 29 years of its glorious existence, the company is renowned for its strength, quality and performance. One of the established names in the cement industry, JK Lakshmi Cement Ltdhas state-of-the-art plant at Jaykaypuram, dist. Sirohi, Rajasthan. With the capacity expansion and further commissioning of split location grinding units at Motibhoyan, Kalol (Gujarat) & Bajitpur, Jhajjar (Haryana) the combined capacity of the Company today stands at 5.30 Mn. MT per annum. With the use of the latest technology from M/s Blue Circle Industries and modern equipments from M/s Fuller International of USA, the Company is going from strength to strength. It is also the first cement producer of Northern India to be awarded an ISO 9002 certificate and be accredited by NABL (Department of Science &Technology, Government of India) for its Lab Quality Management systems. Keeping in touch with the global construction trends & changing needs of customers, the company has introduced state-of-the-art Ready Mix Concrete (RMC ) with the brand name” JK Lakshmi Power Mix”. C urrently, the company has 10 fully operational plants in Western & Northern regions of the country and is further expanding in this area. ‘JK Lakshmiplast’ the first premium branded Plaster of Paris (POP) in Northern India is another value added product launched by the C ompany for discerning customers.
Pages:214-217
How to cite this article:
Suman Rani Pannu "Liquidity and Solvency Ratio Analysis of JK Cement Group". International Journal of Advanced Educational Research, Vol 2, Issue 6, 2017, Pages 214-217
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