From a mere 0.19 mtpa in 1998 My Home Industries has augmented its production capacity to 8.4 mtpa and has become one of the top 15 cement groups/companies in the country.
My Home Industries is a part of Rs. 4,000 crores My Home Group, a business conglomerate based out of Hyderabad.Ireland based CRH Plc Group, world?s third largest player in building materials, acquired 50 per cent stake in My Home Industries in the year 2008, and with this, the company has become CRH?s first joint venture in India as well as the first major investment in Asia. CRH is a leading global building materials group having operations in 34 countries, 3,300 operating locations, 300 million tonnes of product, approximately 76,000 employees and C19 billion sales revenues.
Capacity addition
The company had set up its first cement plant in Mellacheruvu in Nalgonda district of the undivided State of Andhra Pradesh in 1998 with a capacity of 0.19 mtpa. Subsequently, the capacity of this plant was increased to 3.2mtpa In 2009, the company set up a cement grinding unit in Visakhapatnam district of Andhra Pradesh with a capacity of 1.5 MTPA. Subsequently second unit was set up with a capacity of 0.50mtpa. In August 2013, MHIPL acquired the second integrated cement plant in Kurnool district in Andhra Pradesh. This 3.2mtpa cement plant was commissioned in June 2010. It is the most modern cement plant with a six stage inline calciner pre-heater technology. Most advanced separate grinding and blending technology from Loesche, Germany, is implemented here.
My Home Group
The company has grown from strength to strength from a mini cement plant to a major cement player in a span of 19 years. The company is managed by a team of well qualified and highly experienced professionals under the leadership of Chairman Dr. Rameswar Rao and Managing Director Mr J Ranjith Rao. Over the years, Dr. Rao, a Homeopathic Doctor turned first generation entrepreneur, has built My Home Group, which has four main companies under its fold, namely: My Home Industries Private Limited, My Home Constructions Private Limited, My Home Power Private Limited and My Home Power Consultancy Services Limited. My Home Constructions is a renowned name for the quality and aesthetic value of its constructions, timely completion and competitive prices. The several residential and commercial complexes built by the company across Hyderabad are an eloquent testimony to its reputation in the field. My Home Group is also promoting education through My Home Educational Society, which started the Little Scholar School in Hyderabad in 1991 and has a branch at Mellacheruvu in Nalgonda district of Telangana.
RMC plants
My Home Industries has also entered into the business of ready mix concrete (RMC) and set up two RMC plants, one at Patancheru in Medak district, acquired in 2009 and another at Nacharam in Hyderabad, set up in 2012.
Captive power plants
My Home Industries had initially set-up a 15MW captive power plant (CPP) at Mellacheruvu plant, which has been generating power since March, 2006, resulting in substantial saving in the cost of power. Later in March 2012, the company set up its second CPP with a generation capacity of 60MW at its Mellacheruvu plant. The entire power requirements of the plants are being met from CPPs and the surplus power of about 25 MW is being sold to Discoms.
Markets
The company manufactures 43 grade and 53 grade Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC) and Portland Slag Cement (PSC) and markets them under the brand ?Maha Cement? in twelve States, namely: Andhra Pradesh, Bihar, Chhattisgarh, Goa, Jharkhand, Karnataka, Kerala, Maharashtra, Odisha, Tamil Nadu, Telangana and West Bengal. The company has built up a very wide marketing network of 20 regional offices and more than 4000 dealers.
The brands Maha Shakthi, Maha Solid and Maha Supremo are very popular in their respective areas. Recently, the company has introduced Maha Solid HD+ brand especially to suit the needs of Odisha and further eastern mar kets.
(Communication by the management of the company)