Ram Charan Company Ltd (RCPL) is a Chennai-based company with a focus on expanding its manufacturing capacity in the plastics and rubber industry. The company has been experiencing a growing demand for its products in the automotive and aviation sectors since it entered the manufacturing sector in 2011-12. RCPL is set to make new investments in its manufacturing plants to boost production capacity in line with its ambitious revenue target of US$100 million by 2020, a significant increase from the $40 million reported in 2015-16. While the chemical distribution business remains strong, RCPL aims for its manufacturing division to account for half of the total business by 2020, up from the current 15 percent. With an established position as one of India's top chemical distributors, RCPL is well-positioned to capitalize on the growth potential in the plastics and rubber manufacturing sector.
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Taxonomy: chemical distribution, manufacturing sector, plastics, rubber products, aviation industry, revenue growth, investment, Chennai, Vadodara, expansion, Indian manufacturing sector, market expertise, capacity expansion
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