Ramco chairman Rajha dies at 82

Chennai:

Industrialist and philanthropist P R Ramasubrahmaneya Rajha, chairman of  Ramco Group of Companies, died in Rajapalayam after a brief illness. He was 82.

He leaves behind his wife Sudarsanam, son P R Venketrama Raja, daughters Nalina, Sarada Deepa and five grandchildren.

Popularly known as the Raja of Rajapalayam, Rajha donned the Ramco chairman’s robe when he was just 27 years old, with just two businesses– Rajapalayam Mills (a textile mill) and Madras Cements (now Ramco Cements) with a single plant capacity of 66,000 tonnes a year.

Today, the group has businesses spanning across, cement, textiles, software and roofing sheets with annual revenues of more than Rs 6,000 crore. The flagship, Ramco Cements, has a capacity to make 18 million tonnes of cement a year, cumulatively the textile business has 5 lakh spindles capacity, Ramco Industries has a roofing capacity of one million tonnes a year and Ramco Systems is also on a strong footing after stuttering for some time.

“In the passing of Rajha, the cement industry has lost a stalwart. I have known him for more than four decades. He was one of the first in the industry to put up a dry process cement plant. A pious, religious person, he had a quiet and sober leadership style. All of us will miss him,” said India Cements vice chairman & managing director N Srinivasan.

The group supports eight educational institutions in Rajapalayam including Ramco Institute of Technology.

“He was one of the outstanding leaders known for his vision, values and philanthropy. His death is a great loss to Tamil Nadu and the country,” recalled TVS Motor Company chairman Venu Srinivasan.

Rajha was deeply associated with temples and donated liberally to building new ones and renovating dilapidated temples.

source: http://www.timesofindia.indiatimes.com / The Times of India / News> City News> Chennai News / TNN / May 12th, 2017