Shri Keshav Cement Infra Ltd. In a Constantly Evolving Mode

Shri Keshav Cement Infra Ltd., formerly known as Katwa Udyog Limited, operates two cement plants and Captive solar plant. It was started by well-known industrialist and visionary H D Katwa, who after trading for sometime as a trader in textiles, entered into cement arena by setting up a small mini plant of 30 Tones Per Day (TPD). Although he has retired from active participation in the company operations yet he is a guiding force behind the organization.

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Now the company is led by Venkatesh H Katwa, and his brothers Vilas Katwa & Deepak Katwa who has wide experience in Cement industry, International business and Health Care service automations.

With Indian Economy & Market in a free-wheeling chat the dynamic entrepreneur Shri Venkatesh H Katwa shared ongoing ventures, his vision and future plans.

In the Infra space you are one of the oldest companies with very rich experience. Please let us know how the journey was so far. The journey of Shri Keshav Cement and Infra from 1995 till 2018 was navigated through rough edges due to 1980’s technology which was used for manufacturing cement. The plant was modernized in FY 2018. Journey of the company began with the purchase of a sick unit in 1994 and another sick cement plant in 2007 from Debt Recovery Tribunal. We inherited an obsolete technology cement plant which needed capital-intensive imrpovements of technology to optimally utilize the resources, which required substantial funds. FY 2018 was an important year for the company – establishment 25 MW of Solar plant and for de-bottlenecking of cement plant at the cost of ₹190 Crore. Cement plant was expanded from 0.10 million tons per annum (mtpa) to 0.35 mtpa. This led to jump in EBIDTA and margins. SKCIL established another 12 MW in FY 2022 to make it the only cement plant in the country running on 100% green power.