L&T to set up 100 more RMC plants
By Our Corporate Bureau | 23 Jun 2005
Madurai: Larsen & Toubro (L&T) has plans to set up 100 more ready mix concrete (RMC) plants as the business would grow manifold in the coming years, senior L&T officials have said.
Addressing the media after inaugurating a fully automated RMC plant, set up at a cost of Rs3.50 crore at Gundur near Tiruchi recently, officials said that L&T has been manufacturing and supplying two million cubic metres of L&T concrete annually and the same would increase to five million cubic metres in the years to come as the demand would grow manifold in future.
The move to set up more plants in the next five years is to enable the company penetrate deeper into the existing market and meet the ever-increasing construction needs and customer specific applications.
The new facility at Tiruchi, eighth in the State and 40th overall, has a per hour capacity of 30 cubic metres and will cater to an area within a radius of 50 km from the plant.