GMDC Signs Mega 40-Year Limestone Supply Agreement from Kutch's Lakhpat Punrajpur Mine, Opening Doors to Industrial Expansion

Updated: May 06, 2025 21:00

• Long-Term Security: The 40-year deal will have GMDC providing 250 million tonnes of limestone to JK Cement, providing security for a stable source of raw material for JK's proposed greenfield integrated mega-capacity cement factory in Kutch.
• Industrial Catalyst: The partnership will stimulate large-scale investments, industrial growth, and the creation of thousands of direct and indirect jobs, generating a big stimulus for the local economy.
• Strategic Location: Due to the coastal location of Kutch, the project will enjoy better connectivity to domestic and global markets and cost-effective logistics, making the region a cement production hub.
• Revenue Generation: The project will generate a huge amount of revenue for Gujarat's exchequer in the form of royalties, National Mineral Exploration Trust (NMET) payments, District Mineral Foundation (DMF) amounts, and GST on cement and limestone production.
• Sustainable Growth: The pact reinforces GMDC's vision of sustainable usage of mineral resources and solidifies Gujarat as the premier industrial state.
• Leadership Endorsement: The signing was initiated by senior management from GMDC and JK Cement, demonstrating the strategic significance of the alliance for the businesses and the future of the state's industry.

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