Ritco Logistics Accelerates with ₹1,250 Cr Contract Haul Across Mining and Metals

Ritco Logistics Ltd is on a winning streak, securing a series of high-value transportation contracts worth a combined ₹1,250 crore, reinforcing its dominance in India’s industrial logistics space. The latest wins span critical sectors like mining, metals, and power, and signal Ritco’s growing role in enabling sustainable, multimodal freight solutions.

 

The company has bagged a ₹600 crore contract for chrome ore transportation, marking its largest single deal in the mining vertical to date. The contract involves long-haul movement from Odisha and Jharkhand to key industrial hubs, with Ritco deploying IoT-enabled trucks and real-time fleet tracking to ensure efficiency and compliance.

 

In addition, Ritco has secured:

 

- A ₹300 crore fly ash transportation contract from NTPC, supporting circular economy goals by repurposing thermal waste for cement and infrastructure use.

- A ₹200 crore logistics deal with Rashtriya Ispat Nigam Ltd (RINL) for steel-grade raw material movement.

- A ₹150 crore contract from Hindustan Zinc Ltd for transporting concentrates and by-products across Rajasthan and Gujarat.

 

Key Highlights:

 

- Total new contracts: ₹1,250 crore

- Sectors: Mining, power, steel, and non-ferrous metals

- Tech Edge: GPS, ADAS, and EDR-enabled fleet for safety and transparency

- ESG Focus: Emphasis on green logistics and waste-to-value transport

- Growth Outlook: Order book visibility extended through FY27

 

With these wins, Ritco is not just hauling cargo—it’s hauling momentum, positioning itself as a key logistics enabler in India’s industrial resurgence.

 

Source: Business Upturn, PSU Connect, Ritco Logistics Exchange Filings