Ritco Logistics Limited announced key business updates for December 2024, showcasing its growth and achievements across various sectors.
Key Highlights:
- Transportation Milestone:
- Successfully transported hundreds of tons of food grains, including Yellow Peas and Red Lentils, for ETG Agro from Kolkata Dock System to Silchar using a dedicated Indian Railways mini rake.
- Recognition from HPCL-Mittal Energy Limited (HMEL):
- Awarded as a Highly Valued Logistics Partner for handling the maximum volume of polymers in FY 2023-24.
- Major Contracts Secured:
- Rashtriya Ispat Nigam Limited (RINL), Vizag: Biannual transportation contract worth ₹29.7 crore.
- Steel Authority of India Limited (SAIL), Bokaro: Two-year contract valued at ₹6.43 crore.
- Bharat Heavy Electricals Limited (BHEL), Jagdishpur: Road transportation contract worth ₹9.27 crore.
- ONGC Petro Additions Limited (OPAL), Dahej: Annual contract valued at ₹31.34 crore.
- ESL Steels Limited (Vedanta Group): Road transportation contract worth ₹14.37 crore.
- Operational Excellence:
- Introduced advanced AI algorithms and encryption technology to enhance efficiency and ensure data security.
These achievements underscore Ritco Logistics’ capabilities in providing efficient and tailored logistics solutions for leading industries.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always refer to official company disclosures for detailed updates.
