Our Founder and Inspiration

Sowing the seeds of
entrepreneurship

The Founder of our Group, Mr. K. Ramachandra Raju was a pioneer in the mini cement industry. He was among the first few to venture into what at that time was a revolutionary and untested concept of mini cement plants.

K. Ramachandra Raju

Founder

(1934 - 2008)

The Government encouraged experimentation with this low-investment low-volume solution to the chronic shortage of cement that prevailed four decades ago. Mr. K. Ramachandra Raju accepted the challenge with an entrepreneurial spirit and established Nagarjuna Cements Ltd to set up a mini cement plant.

Mr. K. Ramachandra Raju was one such individual. He along with Mr. Vinodrai Goradia and Mr. G Somaraju as Co-Promoters established Nagarjuna Cements Ltd. From a single commodity unit, it evolved into a multi-product NCL Group in the building materials industry. The association amongst the Co Promoters continues to the third generation – a unique feature in itself.

The calculated risk paid off handsomely, and the company could declare a dividend of 25% for the very first full year of its operations.

Mr. K. Ramachandra Raju was a quintessential entrepreneur. He wanted to introduce innovative products much ahead of their times. Bison Panels from Germany, Seccolor pre-painted steel windows from Italy, Alltek paints from Sweden and pre-fab housing were examples.

The innovative products introduced for the first time in the country overcame their teething problems, and established themselves in due course.

Today, while we proudly present our 40th commemorative issue, we pay homage to this visionary, whose philosophy of Growth and Innovative Products we have inherited and internalised. They have become the credo of a corporate conglomerate in the making.

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