Ramco invests Rs.1.1 b on factory

By Lalin Fernandopulle

Sri Ramco Lanka, a leader in fibre cement roofing sheet industry has invested Rs.1.1 b on a state-of-the-art factory in the Matugama Industrial Park, Ramco Industries Limited CEO, Prem Shanker said.

He said that there is a big demand for fibre cement roofing sheets in the local and international market. The new factory with a capacity to produce around 140,000 mt of fibre cement a year will cater to this market. Sri Ramco Lanka, a subsidiary of India’s diversified Ramco Group commenced operations in Sri Lanka in 1999.

The company operates a corrugated and flat sheet plant which produce around 240,000 mt annually.

Sri Ramco Lanka was awarded the ISO 9001:2008 certification for quality sustenance. The company unveiled its new logo and announced that legendary musician Sunil Perera as brand ambassador at a ceremony on Wednesday.

The company has been accredited with the ISO Quality Systems Certificate ISO 14001/en 14001 by RWTUV Systems GmbH, Germany. The Ramco Group provides employment to around 1,500 people in Sri Lanka and India.