Founded in 1966, Rashmi Group has earned an enviable reputation for itself in Iron & Steel, Cement, Power and Ferro Alloy industries. Starting off on a small scale, it developed core competence over these years and has evolved to become one of the leading players in minerals, steel and cement. The group has 1.50 MTPA state-of-the art, integrated steel manufacturing facility comprising of Pellet, Sinter, Pig iron, Sponge Iron, Ductile Iron Pipe, Billet, TMT & Wire Rod and 1.0 MTPA of Cement manufacturing facility. The Kitty of products also includes Ferro Alloys and 120 MW of Captive Power Generation Plant.
The group is planning to expand its manufacturing facilities to 3.0 MTPA of Integrated Steel Plant and 2.0 MTPA of Cement Plant. Rashmi Group provides specialized services in dredging and land reclamation works, of any size and nature and also specializes in PCs, Laptops & Netbook with Reach Infocom.
The group enjoys “Category- A” rating from external credit rating agencies and has a turnover of Rs. 4,500 Crores and has built-up a Net worth of Rs. 3,000 Crores during the last decade. Also, Rs. 2,800 Crores has been invested in the manufacturing facilities and the group is the only debt free steel conglomerate in the Eastern India.