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Ramco Industries forms a part of the Chennai based Ramco Group. The other group companies include Madras Cement, Rajapalayam Mills and Ramraju Surgical Cotton Mills. The group's flagship, Madras Cements, is reputed to be the most efficient cement producer in India. Its plants are the most technologically advanced, hygienic and environment friendly, and the company has averaged a RONW of 31% for the last 5 years.
Ramco Industries, a company with the same high-pedigree is a multi-locational, multi-product company with interests in cement products (asbestos cement sheets, pipes, etc.), textiles (cotton yarn) and most importantly software. The company's software development facility is based in Chennai.
The cement products division accounted for 60% of Ramco Industries' total revenues in FY98. The company has an installed capacity of 240,000 tpa of asbestos cement sheets and 30,000 tpa of pipes and accessories. The company's cement product business is highly profitable earning a return of about 30% on capital employed. The cotton yarn business, which is an EOU, contributed about 14% to FY 1998 revenues.
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