India Cements
 | |
| Private Sector | |
| Industry | Construction |
| Founded | 1946 |
| Headquarters | Sankarnagar, Tirunelveli, Tamil Nadu India |
Key people |
N. Srinivasan[managing director] [1] |
| Products | Cement |
| Revenue |
  35.5 billion (US$560 million) (2011) |
|
7.45 billion (US$120 million) (2011) | |
| Total assets |
9.91 billion (US$160 million) (2011) |
Number of 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 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.
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
- ↑ http://www.thehindu.com/business/companies/india-cements-appoints-dhoni-as-vicepresident/article4369568.ece
- ↑ India Cements appoints Dhoni as Vice-President. The Hindu (2013-02-02). Retrieved on 2013-12-23.
- ↑ "Jagan Reddy to move SC in assets case". Zeenews Bureau. 16 August 2011. Retrieved 17 August 2011.