Ritco Logistics Limited has reported fresh contract wins exceeding ₹120 crore across its transportation and warehousing verticals, marking a decisive stride in the company’s growth strategy within India’s evolving logistics and supply chain landscape.
The announcement was made in its official monthly business update submitted to the stock exchanges on June 3.Among the latest signings, Ritco secured a major ₹85 crore contract from Jindal Steel and Power Limited (JSPL) for the transportation of steel products from its integrated plant in Angul, Odisha to distribution points across the country. This deal reinforces Ritco’s dominant position in handling bulk metals logistics—a sector seeing increased demand as India ramps up its core industrial output.
Complementing this, the company clinched a ₹36 crore logistics mandate from NTPC Limited for the movement of fly ash in Jharkhand. This partnership is part of NTPC’s broader environmental commitment to sustainable waste utilisation and reduced carbon footprint, aligning with national goals for greener industrial operations. Ritco’s role in this critical segment highlights the integration of sustainable logistics practices into conventional infrastructure supply chains.
Ritco has also onboarded new clients including SLR Metalics, Varun Beverages Limited (VBL), and Agrotech Foods, thereby diversifying its client portfolio across the metal, FMCG, and food processing sectors. These new partnerships strengthen its presence in core consumption and manufacturing hubs and signal wider business confidence in Ritco’s end-to-end logistics capabilities.
On the warehousing and 3PL side, Ritco has finalised a long-term engagement with Mangalore Refinery and Petrochemicals Limited (MRPL) to oversee logistics operations at key industrial locations such as Morbi, Kheda, and Vapi. The agreement is part of Ritco’s push to expand integrated logistics solutions, including multimodal freight movement, smart warehousing, and automated inventory systems across India’s Tier 2 and Tier 3 industrial zones.The company also shared key digital infrastructure updates, having recently implemented stronger data encryption protocols and advanced Endpoint Detection and Response (EDR) systems within its ERP platforms. These upgrades are aimed at strengthening cybersecurity, safeguarding client data, and increasing operational transparency in real-time cargo tracking.
The company’s latest wins underscore a larger shift in Indian logistics where integrated, tech-driven, and sustainable supply chains are becoming the new benchmark. Ritco’s growing footprint and tech investments position it as a formidable player in the post-pandemic logistics ecosystem—one increasingly shaped by environmental considerations, sectoral compliance, and real-time freight visibility.
As logistics remains central to India’s $5-trillion economy vision, such integrated partnerships not only boost Ritco’s growth trajectory but also reflect the shifting priorities of Indian corporates towards greener, tech-empowered logistics infrastructure.
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