Malabar Cements Limited

It was the long cherished developmental dream of the State of Kerala established a significant leap when Malabar Cements Limited, the only Portland cement manufacturer in Kerala, was incorporated in April 1978, as a state Public Sector Unit. This Company, with a capital outlay of Rs.68 crores and a paid up equity capital of Rs. 26 crores, is fully owned by Government of Kerala. The Company is continuously running on profit. Cement is the basic construction material of the contemporary era. During the 1970s cement was a controlled commodity and Kerala had to depend entirely on other states or foreign countries for its requirements/ supplies of this construction material. In fact, this was the stimulus behind comprehending this state owned cement manufacturing unit. The Geological Survey of India (GSI) had identified a cement grade limestone deposit in the Walayar reserve forest way back in 1961-62. Later, the Mineral Exploration Corporation Limited confirmed its efficacy.