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Thursday, July 25, 2024

Shree Cement’s Expansion: Launching First Ready-Mix Concrete Plant in Hyderabad

Shree Cement Limited has announced the introduction of Bangur Concrete with the inauguration of its maiden Greenfield Ready-Mix Concrete (RMC) plant in Hyderabad. The plant, inaugurated by Shree Cement’s Chairman, Shri HM Bangur, boasts a capacity of 90 cubic meters per hour. This commissioning of the advanced unit is in line with the company’s vision to diversify as a multi-product player within the core cement industry.

As part of this strategic expansion, Shree Cement recently acquired five operational plants from StarCrete LLP in Mumbai, strengthening its RMC portfolio. With this addition, the company’s total RMC capacity now reaches 512 cubic meters per hour.

Addressing the event, Mr. Neeraj Akhoury, Managing Director of Shree Cement Ltd, emphasized the significance of venturing into the Ready Mix Concrete sector, recognizing its promising growth trajectory. He highlighted the driving forces behind the RMC business, including India’s developmental momentum, governmental infrastructure initiatives, and a surge in housing demands. The company is determined to aggressively expand its presence in this sector through both organic growth and acquisitions.

Mr. Akhoury further stated, “Guided by our core principle of ‘Build Smart’, Shree Cement is steadfast in its journey towards becoming a modern and eco-conscious building material enterprise. We are intensifying efforts to enhance capacity utilization, strengthen brand equity, improve cost efficiency, and advance our research and development endeavors. This strategic roadmap ensures we continue to set new benchmarks of excellence in the industry.”

Bangur Concrete epitomizes Shree Cement’s commitment to innovation, quality, and engineering prowess. Utilizing cutting-edge technology and automated processes, its product offerings cater to diverse applications and structures. These include high-performance concrete for enhanced durability, self-compacting concrete for heavily reinforced structures, temperature-controlled concrete for large-scale projects, and stamped concrete for decorative pathways. Shree Cement remains steadfast in delivering high-quality, guaranteed concrete solutions to customers, ensuring timely delivery and overall satisfaction.

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