
Milestones
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 evolved to become one of the leading players in minerals, steel and cement.
Presently, as Rashmi Group embarks on its 59th year, it has a big list of significant milestones to boast off. We trace some of the major defining moments in the history of this remarkable journey, starting from the present:
Group enjoys a highly respectable and credible Category –
‘AA/stable/’ external rating from CRISIL.
Rashmi Group has exhibited outstanding growth over last few years where in it has been able to capture the attention of financial institutions including banks, professionals and industry as a whole. At present the group employs around 40,000 direct and indirect employment out of which maximum belongs from the backward and rural areas of the state, in course of implementing of its proposed expansion.
Rashmi Group Pan India Presence
- • Existing presence of in WB- Kharagpur , Jhargram , Purulia , Jamuria & Uluberia.
- • Existing presence in Orissa – Jharsugda.
- • Existing presence in Maharashtra – Mumbai.
- • Existing presence in Jharkhand – Jamshedpur.
- • Existing presence in Himachal Pradesh – Damtal.
- • Existing presence in Tamil Nadu – Tuticorin.
- • Existing presence in Gujarat– Gandhidham.
- • Existing presence of Coal Mines in WB- Birbhum and Paschim Bardhaman and Jharkhand .
- • Existing presence of Graphite & Vanadium Mines in Arunachal Pradesh – Key Paneewar
Strategic Acquisitions –
- • MSP Metaliks Ltd ; Merged with OMPL for stronger synergy
- • Wellman Carbo Metaliks : Expanding Metal sector presence
- • Badrinaryan Alloys Steel : Fortifying Steel Production
- • Metenere : Diversifying into Aluminum
- • Ind Bharat Power Infra : Boosting Energy Infrastructure (2 x 150 MW).
- • Divine Alloys & Power Integration
- • Coastal Project : Strengthening Merchant Power Diversification
- • Pratibha Industries: EPC Expansion Aligned with DI Pipe Business
Recognition –
- • Founding Member of Indian Green Building Council (IGBC).
- • Times Bengal Icon Award.
- • Excellence in Steel & Cement Infrastructure.
- • ASSOCHAM Business Excellence Award.