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Ramco Cements: Difference between revisions

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| founder = P A C Ramasamy Raja
| founder = P A C Ramasamy Raja
| area_served = South and East India
| area_served = South and East India
| parent = [[Ramco Group]]
| key_people = Venketrama Raja, MD <br /> A. V. Dharmakrishnan, CEO
| key_people = Venketrama Raja, MD <br /> A. V. Dharmakrishnan, CEO
| hq_location_city = Chennai
| hq_location_city = Chennai
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}}
}}


'''The Ramco Cements Limited''' (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in [[Chennai]], [[India]]. The company also produces ready mix concrete and dry mortar products and operates wind farms.
'''The Ramco Cements Limited''' (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in [[Chennai]], [[India]]. Ramco Cements has 5 Integrated units, 5 grinding units pan India and 1 RRD Centre in Chennai. The company also produces ready mix concrete and dry mortar products and operates wind farms.


== Operations ==
== Operations ==
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# [[Kolaghat]] (in [[West Bengal]])
# [[Kolaghat]] (in [[West Bengal]])
# [[Visakhapatnam]] (in [[Andhra Pradesh]])
# [[Visakhapatnam]] (in [[Andhra Pradesh]])
# Jajpur Road (in [[Odisha]])


=== Wind Power Generation ===
=== Wind Power Generation ===
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== Controversies ==
== Controversies ==
=== Cartel ===
[[Competition Commission of India]] has accused Ramco cements of [[Cartel]]isation with other cement firms in the '''Cement Manufacturers Association''' in India. It slapped a fine of ₹259 crore on Ramco cements for price fixing.<ref>{{Cite news|url=https://www.telegraphindia.com/business/hefty-fine-on-11-cement-firms/cid/408405|title=Hefty fine on 11 cement firms|date=22 June 2012|work=The Telegraph|access-date=1 December 2019}}</ref><ref>{{Cite news|url=https://www.business-standard.com/article/companies/busted-cartelising-cement-firms-112062600067_1.html|title=Busted Cartelising Firms|last=Dey|first=Sushmi|date=24 January 2013|work=Business Standard|access-date=1 December 2019}}</ref>
== References ==
== References ==
{{reflist}}
{{reflist}}
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[[Category:1961 establishments in Madras State]]
[[Category:1961 establishments in Madras State]]
[[Category:Manufacturing companies established in 1961]]
[[Category:Manufacturing companies established in 1961]]
 
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]


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{{India-company-stub}}