Ramco Cements, formerly known as Madras Cements, is a leading cement manufacturing company in India. Established in 1957, the company has grown to become one of the largest cement producers in the country, with a total cement production capacity of 16.5 million tons per annum. The company operates ten cement plants in India, four grinding units, and six packing terminals, and has a strong presence in the southern and eastern regions of India.
Ramco Cements has been committed to delivering high-quality cement products to its customers, using advanced technology and innovative manufacturing processes. The company has a range of cement products to meet the diverse needs of the construction industry, including Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Ready Mix Concrete (RMC).
One of the key strengths of Ramco Cements is its focus on sustainability and environmental conservation. The company has implemented several initiatives to reduce its carbon footprint and promote sustainable development. Ramco Cements was one of the first companies in India to install a waste heat recovery system in its cement manufacturing process, which helps to reduce its energy consumption and greenhouse gas emissions.
In addition to its focus on sustainability, Ramco Cements has also been recognized for its commitment to employee welfare and community development. The company provides a range of employee benefits and has implemented several initiatives to promote the health and well-being of its employees. Ramco Cements also runs several community development programs, including initiatives to promote education, health, and environmental conservation.
Ramco Cements has received several accolades for its achievements in the cement industry. In 2020, the company was awarded the “GreenPro Certification” by the Confederation of Indian Industry (CII) for its sustainable manufacturing practices. Ramco Cements has also been recognized for its commitment to innovation and technology, receiving the “Most Innovative Company Award” at the Indian Cement Review Awards in 2019.
Despite the challenges posed by the COVID-19 pandemic, Ramco Cements has continued to perform well in the market. The company reported a net profit of Rs 206.47 crore for the quarter ended December 2020, a significant increase from the same period in the previous year. Ramco Cements has also been able to maintain its position as one of the top cement producers in India, with a market share of around 9% as of 2020.
Ramco Cements has several plans for future growth and expansion. The company has announced plans to increase its production capacity to 20 million tons per annum in the next few years, by setting up new cement plants and expanding its existing facilities. Ramco Cements has also identified opportunities for growth in the export market and has been exploring options to expand its presence in other countries.
In conclusion, Ramco Cements is a leading cement manufacturer in India, with a strong commitment to sustainability, innovation, and community development. The company has a range of high-quality cement products to meet the diverse needs of the construction industry and has received several accolades for its achievements in the cement industry. With its focus on future growth and expansion, Ramco Cements is poised to continue its success story in the years to come.