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Sunday, July 21, 2024

RDC Achieves Milestone with the Inauguration of its 100th Manufacturing Plant in Surat

RDC, a leading manufacturer and supplier of ready-mix concrete, has inaugurated its landmark 100th operational manufacturing plant in Surat, marking a significant milestone in its growth trajectory. With a commitment to establishing a nationwide presence, the company envisions reaching every state and Union territory in India.

The company currently delivers an impressive monthly volume of 4 lakh m3 (cubic meters) of ready-mix concrete to diverse segments. Looking ahead, RDC has set an ambitious goal of not only expanding its geographical footprint but also increasing its monthly delivery target to an extraordinary 4.50 lakh cubic meters. This strategic expansion plan emphasizes proximity to customers, adapting to evolving needs, and maintaining a customer-centric approach.

In addition to geographical expansion, RDC aims to achieve a substantial revenue milestone of ₹2,500 crore by the end of the current financial year. The company reports remarkable growth, boasting over a 2x increase in revenue and EBITDA since 2021.

Anil Banchhor, MD and CEO of RDC, expressed, “Our journey to 100 plants is a testament to our unwavering commitment to quality and customer satisfaction. We’re on a mission to be present everywhere our customers build, creating a network that mirrors the diversity and dynamism of the Indian construction landscape.”

This expansion comes ahead of RDC’s planned IPO in the near future. Notably, investment wizard Ashish Kacholia recently invested 10 per cent in equity in the company, further underlining confidence in RDC’s growth prospects. The company remains agile, actively seeking opportunities to extend its operations and enhance its market presence.

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