Shree Cement Enters Ready Mix Concrete Segment, Launches Bangur Concrete

Hyderabad, March 22, 2024: Shree Cement Limited announced the launch of Bangur Concrete with the commissioning of its first Greenfield Ready Mix Concrete (RMC) plant in Hyderabad. The plant has a capacity of 90 cubic meters per hour. Shree Cements had acquired five operational plants of StarCrete LLP in Mumbai earlier this month for a consideration of Rs 33.5 crore. The company’s combined RMC capacity now stands at 512 cubic meters per hour. 

Speaking on the occasion, Neeraj Akhoury, Managing Director of Shree Cement Ltd, said, “This venture into Ready Mix Concrete marks our entry into a promising new line of business. We recognise the vast potential of RMC business, which is being driven by India’s growth momentum, the concerted efforts of both Central and State Governments to advance infrastructure projects and an uptick in the housing sector.  We’re committed to aggressively expand our presence in this market by building new units as well as acquiring plants.” 

Using enhanced technology and automated operations, the special concrete product offerings cater to diverse applications and structures. The product range includes high-performance concrete for superior durability, self-compacting concrete for use in heavily reinforced structures, temperature-controlled concrete for large-scale concreting needs and stamped concrete for ornamental pathways and walkways. Shree Cement is committed to delivering high-quality assured concrete to customers, ensuring timely supply and overall satisfaction.