Shree Cement Limited (SCL), one of India’s leading cement producers, has signed a Memorandum of Understanding (MoU) with RITES Limited, a Navratna enterprise under the Ministry of Railways, Government of India to strengthen its rail infrastructure network. This strategic collaboration will facilitate the development of rail infrastructure and allied services across Shree Cement’s manufacturing units enabling more efficient and sustainable transportation of raw materials and finished goods.
The agreement is effective for a period of five years from the date of signing and can be extended further with mutual consent.
Speaking on the occasion Mr Neeraj Akhoury, Managing Director, Shree Cement said, “As we expand our manufacturing footprint across India, strengthening our logistics and supply chain infrastructure becomes increasingly critical. Our collaboration with RITES is a strategic step towards creating a more efficient, cost-effective and sustainable transportation system that supports our growth while reducing environmental impact.”
Under the terms of the MoU, RITES will cover the services from concept to commissioning in connection with the up-gradation, renovation and establishment of new rail connectivity for the transportation of raw materials, cement, and other associated materials. Further, RITES will act as the Project Management Consultant (PMC), providing end-to-end consultancy services that span the entire lifecycle of infrastructure projects from reconnaissance and feasibility studies to detailed project reports and execution management.
As part of its role, RITES will also assist in securing all necessary approvals from the Ministry of Railways and other relevant authorities for civil, signal and telecom, overhead electrification and mechanical engineering components. Additionally, RITES will support Shree Cement in contractor selection by evaluating and certifying the eligibility of executing agencies during the tendering process.
Dr. Deepak Tripathi, Director (Technical) & Director (Projects, Addl Charge), RITES Ltd., said, “We are pleased to partner with Shree Cement in the infrastructure development journey. With our proven expertise in rail and transport engineering, we are confident of delivering integrated and future-ready solutions that align with our mutual business goals.”
This partnership marks a significant step in Shree Cement’s commitment to operational excellence and sustainable logistics. By leveraging RITES technical capabilities and domain expertise, the company aims to build a robust rail infrastructure that supports its long-term business growth and aligns with national priorities for greener industrial operations.
About Shree Cement Limited
One of the leading cement groups in India, Shree Cement Limited (‘SCL’) (BSE: 500387/ NSE: SHREECEM) is known for its industry leading green credentials, cutting edge innovative practices and cost leadership. It follows ‘highest standards of Corporate Governance and has a long history of enjoying stakeholders’ trust. Shree Cement is known for its high-quality products which are manufactured at advance manufacturing facilities across India and UAE. It is determined to deliver the most sustainable building material solutions to its consumers.
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