Shree Cement launches Bangur Concrete to broaden its RMC enterprise

Shree Cement launched Bangur Concrete ,commissioning its first Greenfield Prepared Combine Concrete (RMC) plant in Hyderabad. The plant has a capability of 90 cubic meters per hour. 

• Additionally learn: Shree Cement commissions new klin at Rajasthan at ₹3,500 cr

The commissioning of the state-of-the-art unit “aligns with the corporate’s imaginative and prescient to emerge as a multi-product participant’‘ within the core cement enterprise. 

As a part of this technique, Shree Cement acquired 5 operational crops of StarCrete LLP in Mumbai earlier this month for a consideration of ₹33.5 crore. The corporate’s mixed RMC capability now stands at 512 cubic meters per hour, the corporate mentioned. 

 “This enterprise into Prepared Combine Concrete marks our entry right into a promising new line of enterprise. We recognise the huge potential of RMC enterprise, which is being pushed by India’s progress momentum, the concerted efforts of each Central and State Governments to advance infrastructure initiatives and an uptick within the housing sector. We’re dedicated to aggressively broaden our presence on this market by constructing new items in addition to buying crops,’‘ Neeraj Akhoury, Managing Director of Shree Cement mentioned in a launch.  

• Additionally learn: Shree Cement to extend share of premium merchandise in complete gross sales regularly by specializing in “proper pricing”

“In an effort to preserve our industry-leading efficiency benchmarks, we’re ramping up our capability utilisation, enhancing our model fairness, elevating value effectivity and additional stepping up our R&D efforts,” he added.

Bangur Concrete’s product vary consists of high-performance concrete for superior sturdiness, self-compacting concrete to be used in heavily-reinforced constructions, temperature-controlled concrete for large-scale concreting wants and stamped concrete for decorative pathways and walkways.