JSW Cement to invest Rs 2,000 cr to take capacity to 20mt by 2020

MUMBAI: JSW Cement, a part of the Sajjan Jindal-led JSW Group, plans to invest around Rs 2,000 crore to achieve the target of 20 million tonne annual capacity by December 2020, a top company official said on Tuesday. The city-based company is also likely to begin the work on the muchawaited initial public offer from this December and hopes to launch the issue before March 2021, the official said.