Archive · 21 Sep 2025
Monolithisch India Aims for 30% Share of Ramming Mass Market
Monolithisch India Ltd, a company that makes premixed ramming mass, wants to grab a bigger piece of the market.
They're aiming to have up to 30% of the market share in the next few years.
Ramming mass is used in furnaces in the secondary steel sector, which is growing rapidly in India.
The company went public in June and is expanding its production capacity to 5.74 lakh TPA.
They are investing money raised to improve their machinery and manage their finances.
The company's goal is to increase its revenue.
Monolithisch India aims to capture up to 30% of the market share in the next few years.
The company manufactures premixed ramming mass for the secondary steel sector.
The premixed ramming mass market is expected to grow to 4-5 lakh tonnes a month in 2-3 years.
Monolithisch India recently expanded its manufacturing capacity.
The company expects a good increase in revenue.
- Who
- Monolithisch India Ltd
- What
- Aims for 25-30% market share in premixed ramming mass market
- When
- Within the next couple of years
- Where
- India
- Why
- The secondary steel sector in India is booming.
- Company
- Monolithisch India Ltd
- Product
- Premixed ramming mass
- Current Market Share
- 8-9%
- Target Market Share
- 25-30% in next couple of years
- Target Capacity
- 5.74 lakh TPA of ramming mass
- 2023-24 Turnover
- Rs 68 crore
- 2024-25 Turnover
- Rs 97 crore