Ramco Group plans to expand in Kenya

Ramco Group, a leading conglomerate in Kenya, is setting its sights on expanding its operations further in the country. In a recent interview with CNBC Africa, Hasit Patel, the Chief Operating Officer of Ramco Group, shared insights into the group's strategic plans and innovative approaches to business. The group, which manages 50 different businesses across various sectors, is known for its long-term planning and strategic thinking. However, Patel acknowledged the changing dynamics of the business world, emphasizing the need for short-term goals in today's fast-paced environment. With an annual turnover of $350 million, Ramco Group's key sectors include printing and packaging, construction, office supplies, and general manufacturing. Patel highlighted the importance of each business entity aligning its short-term objectives with the group's overarching goals and values. Furthermore, he emphasized the significance of innovation tailored to address African-centric challenges and opportunities. Ramco Group's innovation strategies focus on streamlining distribution networks, reducing costs, and enhancing market reach in Kenya and other African markets. By leveraging technology and local expertise, the group aims to create sustainable and impactful solutions for its customers and communities. As Ramco Group continues to expand its footprint in Kenya, it remains committed to driving growth, fostering partnerships, and contributing to the country's economic development.