Birth Of Madras Cements Ltd

In 1950's, investment in Cement Industry was not attractive due to price controls and the massive investments required. Only those entrepreneurs who were not  profit minded but cared for country's development came forward in investing in Cement Industry. 

When Shri. Manubai Shah, Central Minister for Industries in late fifties came to Madras to meet the Industrialists, he called upon Shri P A C Ramasamy Raja and requested him to start a cement factory in TN . This was readily accepted by Shri PACR and this marked the birth of "Madras Cements Ltd" in 1961.