You are on page 1of 3

ACC (ACC Limited) is India's foremost manufacturer of cement and concrete.

ACC's
operations are spread throughout the country with 17 modern cement factories, more than 4 !eady mi" concrete p#ants, $1 sa#es offices, and se%era# &ona# offices. It has a wor'force of a(out ), persons and a countrywide distri(ution networ' of o%er ), dea#ers. *ince inception in 1)+,, the company has (een a trendsetter and important (enchmar' for the cement industry in many areas of cement and concrete techno#ogy. ACC has a uni-ue trac' record of inno%ati%e research, product de%e#opment and specia#i&ed consu#tancy ser%ices. .he company's %arious manufacturing units are (ac'ed (y a centra# techno#ogy support ser%ices centre / the on#y one of its 'ind in the Indian cement industry. ACC has rich e"perience in mining, (eing the #argest user of #imestone. As the #argest cement producer in India, it is one of the (iggest customers of the domestic coa# industry, of Indian !ai#ways, and a considera(#e user of the country0s road transport networ' ser%ices for inward and outward mo%ement of materia#s and products. Among the first companies in India to inc#ude commitment to en%ironmenta# protection as one of its corporate o(1ecti%es, the company insta##ed sophisticated po##ution contro# e-uipment as far (ac' as 1),,, #ong (efore po##ution contro# #aws came into e"istence. .oday each of its cement p#ants has state/of/the art po##ution contro# e-uipment and de%ices. ACC p#ants, mines and townships %isi(#y demonstrate successfu# endea%ours in -uarry reha(i#itation, water management techni-ues and 2greening0 acti%ities. .he company acti%e#y promotes the use of a#ternati%e fue#s and raw materia#s and offers tota# so#utions for waste management inc#uding testing, suggestions for reuse, recyc#ing and co/processing. ACC has ta'en purposefu# steps in 'now#edge (ui#ding. 3e run two institutes that offer professiona# technica# courses for engineering graduates and dip#oma ho#ders which are re#e%ant to manufacturing sectors such as cement. .he main (eneficiaries are youth from remote and (ac'ward areas of the country. ACC has made significant contri(utions to the nation (ui#ding process (y way of -ua#ity products, ser%ices and sharing e"pertise. Its commitment to sustaina(#e de%e#opment, its high ethica# standards in (usiness dea#ings and its on/going efforts in community we#fare programmes ha%e won it acc#aim as a responsi(#e corporate citi&en. ACC0s (rand name is synonymous with cement and en1oys a high #e%e# of e-uity in the Indian mar'et. It is the on#y cement company that figures in the #ist of Consumer *uper4rands of India. 5urs has (een an interesting story / one that inspired a (oo'. ACC was formed in 1)+, when ten e"isting cement companies came together under one um(re##a in a historic merger / the country's first nota(#e merger at a time when the term mergers and ac-uisitions was not e%en coined. .he history of ACC spans a wide can%as (eginning with the #one#y strugg#e of its pioneer 6 7 8inshaw and other Indian entrepreneurs #i'e him who founded the Indian cement industry. .heir efforts to face competition for sur%i%a# in a sma## (ut aggressi%e mar'et ming#ed with the stirring of a country's nationa#ist pride that touched a## wa#'s of #ife / inc#uding trade, commerce and (usiness. .he first success came in a mo%e towards cooperation in the country's young cement industry and cu#minated in the historic merger of ten companies to form a cement giant. .hese companies (e#onged to four prominent (usiness groups / .atas, 9hataus, 9i##ic' :i"on and 6 7 8inshaw groups. ACC was forma##y esta(#ished on August 1, 1)+,. *ad#y, 6 7 8inshaw, the man recogni&ed as the founder of ACC, died in ;anuary 1)+,< 1ust months (efore his dream cou#d (e rea#i&ed.

F. E. Dinshaw the founder of ACC

ACC stands out as the most uni-ue and successfu# merger in Indian (usiness history, in which the distinct identities of the constituent companies were me#ded into a new cohesi%e organi&ation / one that has sur%i%ed and retained its position of #eadership in industry. In a sense, the formation of ACC represents a -uest for the synergy of good (usiness practices, %a#ues and shared o(1ecti%es. .he use of the p#ura# in ACC's origina# name, .he Associated Cement Companies Limited, itse#f indicated the company's origins from a merger. =any years #ater, some stoc'(ro'ers in the country's #eading stoc' e"changes continued to refer to this company simp#y as '.he =erger'.

ACC's First Board Meeting in 1936 at The Esp anade Sir Nowroji B Saklatvala was the first chairman of ACC. The first Board included distinguished luminaries of the Indian business world of the time - names like ! " Tata# Ambalal Sarabhai# $alchand %irachand# "haramse& 'hatau# Sir Akbar %&dari# Nawab Salar ung Bahadur and Sir %om& (od& among others. B!A"D !F D#"ECT!"$ Mr %. $. $e&hsaria Chairman

Mr 'au (ugento) er "e)ut& Chairman Mr *u dip * *aura Chief *+ecutive ,fficer - (anaging "irector

Mr $ M 'a ia Mr Bernard Fontana Mr M + %aru a Mr $hai esh (ari)ha&ti

Mr Aidan +,naMr $ushi *u-ar "oongta Mr Ashwin Dani Mr Farro&h *. *a.arana Mr Bernard Ter.er

ACC was the first recipient of A**5C>A=0s first e%er :ationa# Award for outstanding performance in promoting rura# and agricu#tura# de%e#opment acti%ities in 1)7,. 8ecades #ater, ?>8 Cham(er of Commerce and Industry se#ected ACC as winner of its @ood Corporate Citi&en Award for the year $ $. 5%er the years, there ha%e (een many awards and fe#icitations for achie%ements in !ura# and community de%e#opment, *afety, >ea#th, .ree p#antation, afforestation, C#ean mining, 7n%ironment awareness and protection.

You might also like