KASHMIR ECONOMY: JK Cement Enters Into Joint Venture With Kashmir-Based SAIFCO Cement

JK Cement has officially entered into a joint venture with Kashmir-based Saifco Cements by acquiring a 60% stake for Rs 174 crore. This strategic move, announced on January 26, 2025, aims to enhance JK Cement’s presence in the northern Indian market, particularly in Jammu and Kashmir, where it seeks to leverage local resources to boost production capacity.Key Details of the Joint
JK Cement has officially entered into a joint venture with Kashmir-based Saifco Cements by acquiring a 60% stake for Rs 174 crore. This strategic move, announced on January 26, 2025, aims to enhance JK Cement’s presence in the northern Indian market, particularly in Jammu and Kashmir, where it seeks to leverage local resources to boost production capacity.Key Details of the Joint
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