Ritco Logistics wins Rs.120 crore contract from Haldia Petrochemicals

Ritco Logistics Ltd. has secured a prestigious contract valued at over INR 120 crore from Haldia Petrochemicals Ltd. (HPL), a state-of-the-art naphtha-based integrated petrochemicals complex located in Haldia, West Bengal, India. This contract, covering the transportation of HPL's finished goods across India by road, showcases Ritco's dedication to excellence and expansion in the logistics sector.

Ritco's success in winning 11 out of the 16 clusters awarded marks a significant milestone in the company's aggressive growth strategy. With an extensive network and specialised services, Ritco has established itself as a pioneer in the petrochemical logistics sector. The company proudly partners with top-tier producers across the country, including industry giants such as IOCL, Reliance, Hindustan Mittal, GAIL, ONGC, BCPL, and MRPL.

This expansive collaboration empowers Ritco to efficiently deploy vehicles to and from every region, enhancing service quality and streamlining placements for maximum client satisfaction. The company's vision is to lead in every logistics segment it serves, and this strategic contract with Haldia Petrochemicals marks a significant milestone in realising that ambition.

“Our vision is to lead in every logistics segment we serve, and this strategic contract with Haldia Petrochemicals marks a significant milestone in realising that ambition,” says Mr. Rajesh Mudaliar, Chief Business Officer of Ritco Logistics. “Partnering with a prominent player like Haldia Petrochemicals not only underscores our dedication to excellence in service but also reinforces our capability to meet the evolving needs of the petrochemical sector with reliable, innovative logistics solutions. This collaboration exemplifies our mission to set new standards of service quality across the industry.

Mr. Mudaliar further highlighted Ritco’s growth strategy, stating, “In addition to petrochemicals, we are committed to expanding our presence in high-potential, emerging sectors like solar energy and steel. These sectors represent significant growth opportunities, and we aim to leverage our expertise to drive impactful results. By diversifying our service portfolio and entering these critical industries, we reaffirm our dedication to being a versatile and forward-looking logistics partner. Ritco is continually focused on strengthening our footprint across all domains we operate in, setting benchmarks of excellence that resonate across the supply chain landscape.”