Ramco Cements - Cementing Future Growth With High Capex

Ramco Cements enjoys a strong presence is southern and eastern India. The company has a high presence in the retail segment and enjoys premium position in the southern market. The company enjoys strong brand recognition among IHB customers because of its deep rural penetration in Tamil Nadu and Kerala compared to its competitors.

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Ramco Cements is the flagship company of the Ramco Group, a well -respected business group in South India. The company is the country’s fifth-largest cement

producer. Ramco Supergrade is one of the most popular cement brands in South India. The company also produces ready mix concrete (RMC) and dry mortar products and also operates one of the largest wind farms in the country.

The company’s main product is Portland cement and is manufactured in the company’s eight production facilities that includes integrated cement plants and grinding units with a current total production capacity of 16.45MTPA (out if which satellite grinding units capacity is 4MTPA.)

Ramco Cements enjoys a strong presence is southern and eastern India. The company has a high presence in the retail segment and enjoys premium position in the southern market. The company enjoys strong brand recognition among IHB customers because of its deep rural penetration in Tamil Nadu and Kerala compared to its competitors. The company’s brand is considered a Tier-1 brand in Tamil Nadu and Kerala, whereas it is considered a Tier-2 brand in Andhra Pradesh. The company has a new capacity coming up in Kurnool district of Andhra Pradesh which will take its grinding capacity to 18.65MT in South India.

Industry

India is the second-largest cement producer in the world behind China. India’s cement industry is a vital part of the company’s economy and provides employment to over a million people, both directly or indirectly. Indian cement industry has attracted huge investments both from Indian and foreign investors ever since its decontrol in 1989.