Shree Cement partners with RITES to boost rail infrastructure

Synopsis
Shree Cement and RITES Ltd have signed a five-year agreement. The collaboration focuses on improving Shree Cement's rail network. RITES will offer complete solutions for upgrading and establishing rail connectivity. This partnership aims for efficient and sustainable transport of materials. The goal is to support Shree Cement's expansion and reduce environmental impact.
The agreement is extendable by mutual consent.
"As we expand our manufacturing footprint across India, strengthening our logistics and supply chain infrastructure becomes increasingly critical," said Neeraj Akhoury, MD of Shree Cement.
"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," he added, without disclosing the number of projects to be undertaken.
RITES will also assist Shree Cement in securing necessary approvals from the Ministry of Railways and other relevant authorities for civil, signal and telecom, overhead electrification, and mechanical engineering components.
The company will further support contractor selection by evaluating and certifying the eligibility of executing agencies during the tendering process.
"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," said Deepak Tripathi, Director Technical & Projects (Additional Charge), RITES.
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