Ramco Industries Boosts Maksi Plant Investment

Ramco Industries Limited announced its board has approved a revised, higher cost for its new Fibre Cement Boards manufacturing plant in Maksi, Madhya Pradesh.

Higher Project Outlay

The total estimated cost for the Maksi plant has been raised to ₹250 crore, an increase of ₹70 crore from the previously stated ₹180 crore.

Unchanged Capacity and Scope

Despite the increased investment, the plant's installed production capacity remains steady at 58,000 metric tonnes per annum. The project's overall scope has not changed.

Original Plans

Ramco Industries had first announced the project cost at ₹180 crore on November 5, 2025. The new facility is being built in Maksi, Madhya Pradesh.

What Investors Should Watch

The ₹70 crore cost escalation is a key point for investors. They will likely want to understand how the company plans to finance this additional spending and what effect it may have on the project's profitability and the company's financial health.

Key Project Metrics

• Previous Cost Estimate: ₹180 crore (November 5, 2025)
• Revised Cost Estimate: ₹250 crore (May 27, 2026)
• Maksi Plant Capacity: 58,000 M.T. p.a.

Future Tracking

Investors should monitor future updates on the project's construction schedule, the funding strategy for the increased expenditure, and any resulting impact on Ramco Industries' financial results.