Published On:January 8 2024
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"RDC Achieves Milestone with Inauguration of 100th Manufacturing Plant in Surat"
Ready-mix concrete manufacturer and supplier, RDC, marked a significant milestone with the inauguration of its 100th operational manufacturing plant in Surat, signaling the company's intent to establish a comprehensive pan-India presence.
With a monthly delivery capacity of 4 lakh m3 (cubic meters) catering to diverse segments, RDC's ambitious vision extends beyond numerical expansion. The strategic plan prioritizes proximity to customers, adapting to evolving needs, and elevating the monthly delivery target to an extraordinary 4.50 lakh cubic meters.
Looking ahead, RDC is determined to have a footprint in every state and Union territory in India. The company's focus is not only on scale but also on ensuring quality service and customer satisfaction. It aspires to achieve a revenue of ₹2,500 crore by the end of the current financial year, building on remarkable growth with over 2x revenue and EBITDA since 2021.
Anil Banchhor, MD and CEO of RDC, emphasized the company's unwavering commitment to quality and customer satisfaction, stating, "Our journey to 100 plants is a testament to our commitment. 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 precedes RDC's planned IPO in the near future. Notably, investment luminary Ashish Kacholia recently invested 10% in equity in the company. RDC remains agile, actively seeking opportunities to extend its operations and enhance its market presence in the competitive landscape.
HBL