JSW Cement is set to undergo a massive expansion, with plans to triple its manufacturing capacity to 60 million tonnes per annum (MTPA) in the coming years. 

This ambitious growth strategy, announced by Managing Director Parth Jindal, is aimed at placing the company among the top five cement producers in India. 

The company, which currently has a capacity of 20 MTPA, is looking to fund this expansion through a combination of internal accruals and potential capital market routes, such as a Qualified Institutional Placement (QIP) or a follow-on offering. 

The expansion will be a mix of organic growth and potential acquisitions. 

JSW Cement is currently in the process of an IPO, which is also expected to help fund its expansion plans, including a new integrated cement plant in Nagaur, Rajasthan. 

The company is already a leader in the production of Ground Granulated Blast Furnace Slag (GGBS), a sustainable alternative to traditional cement.