Srinagar, March 16 (INFO)- The additional plant having capacity of producing 600 tons of cement per day in Jammu and Kashmir cement factory Khrew would
be completed by June this year. An amount of Rs. 66 crore have been incurred so far on the additional plant. The plant will be completed at a total cost of Rs. 87.50 crore.
This information was given to Minister for Industries and Commerce, Nuwang Rigzin Jora during his inspection of the Jammu and Kashmir Cements, Khrew plant here today. He was accompanied by M.D. JK Cements Ltd and other officers.
He was told that the performance of the company has shown a steady improvement during the last few years with increase in sales turnover as well as production. The turnover of the company increased from Rs. 12.93 crore in 1996-97 to Rs. 74.28 crore in the year 2006-07. The company has earned a profit of Rs. 486 lakh during the year 2006-07 which is the highest figure achieved by the company since inception.
He was further informed that the surrounding area of the plant have been developed by way of plantation in and around the plant, construction of compound wall and single storey building for girls school, construction of Hospital building, development of sports field etc. More so, the company is going to take up various jobs in hand such as fencing of government girls higher secondary school at Khrew, upgradation of 10 bedded local hospital and construction of park in the locality, the Minister was told.
Regarding human resources development and workers management relation, the Minister was informed that the company undertakes various refresher/training courses for its employees. These courses are at times conducted in plant, but mostly, these are at locations outside the state. Employees are encouraged to participate in these courses in order to get themselves acquainted with the latest techniques/technology and developments in cement industry besides exposure in allied fields.
The Minister impressed upon the management and workers to re-double their efforts for making the plant more productive and profitable.