Ritco Logistics secures Rs. 120 crore contract with Haldia Petrochemicals

The contract involves the transportation of HPL's finished goods across India by road, highlighting Ritco's commitment to excellence and growth in the logistics sector.

Ritco Logistics Ltd. has secured a prestigious contract worth over INR 120 crore from Haldia Petrochemicals Ltd. (HPL), a leading naphtha-based petrochemicals complex in Haldia, West Bengal. The contract involves the transportation of HPL’s finished goods across India by road, highlighting Ritco’s commitment to excellence and growth in the logistics sector.

Securing 11 out of the 16 clusters awarded marks a significant achievement in Ritco’s aggressive expansion strategy. With a vast network and specialized services, Ritco has established itself as a leader in petrochemical logistics. The company proudly collaborates with top industry players 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 is a significant step toward realizing that goal,” says Mr. Rajesh Mudaliar, Chief Business Officer of Ritco Logistics. “Partnering with a leading company like Haldia Petrochemicals not only highlights our commitment to excellence in service but also demonstrates our ability to meet the dynamic needs of the petrochemical sector with reliable and innovative logistics solutions. This collaboration reflects 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.”