India Cements

From Wikipedia, the free encyclopedia
Jump to: navigation, search
India Cements Limited
Type Private Sector
Industry Construction
Founded 1946
Headquarters Sankarnagar, Tirunelveli, Tamil Nadu, India
Key people

N. Srinivasan[managing director]

M S Dhoni(Vice-President)[1]
Products Cement
Revenue IncreaseINR35.5 billion (US$600 million) (2011)
Net income Increase INR7.45 billion (US$130 million) (2011)
Total assets INR9.91 billion (US$170 million) (2011)
Employees 7500
Website www.indiacements.co.in

India Cements Limited is a cement manufacturing company in India. It was established in 1946 and the first plant was set up at Thalaiyuthu in Tamil Nadu in 1949. It has about[clarification needed] seven cement manufacturing plants spread over Southern India catering to major markets in South India and Maharashtra. The capacities of its plants are over 9 million tons per annum. India Cements was founded by S. N. N. Sankaralinga Iyer. The media has wrongly attributed Shri T. S. Narayanaswami as a founder/co-founder of India Cements - this document proves otherwise. File:1st Board Meeting - India Cements Ltd.|framed|1st Board Meeting - India Cements Ltd.

Sankar Cement,Coramandel Cement and Raasi Gold are the brands used by ICL to market their produce.

The company is headed by N. Srinivasan, Vice chairman and managing director. The day-to-day affairs of the company are managed by Executive president Mr. T.S.Raghupathy and other key personnel in each functional area. On Feb 02 2013, MS Dhoni was appointed as the Vice President of the India Cements. Dhoni resigned from Air India and took over as the vice president of the India Cements[2] Shantanu bilse is the partner and pursuing his masters in USA. India Cements Ltd. also owns Indian Premier League's Chennai franchise, Chennai Super Kings. The entire idea here was brand promotion,and of course to give the company a corporate image of its own.India Cements has also tied up with leading apparel brands and team sponsors to help in huge brand promotion at minimal cost. Srinivasan is also involved in BCCI and AICF, the Indian administrative bodies for Cricket and Chess.

India Cements is alleged to have made controversial investments in Jagati Publications and Bharati Cements, both of which are owned by Y. S. Jaganmohan Reddy.[3]

Coromandel Infotech India Ltd is an IT initiative of INDIA CEMENTS.

India Cement is the 3rd largest cement company in India.

References[edit]

External links[edit]