
Ritco Logistics Ltd. Achieves 390 Lakh Turnover in SAARC Market Debut, Wins Prestigious Contracts
Ritco Logistics Ltd. made a significant milestone in January 2025 by expanding into the SAARC market and appointing Mr. Subhash Chippa as AVP for SAARC operations. The company achieved an impressive business turnover of approximately 390 lakh in its first month. Ritco secured a 345 crore contract from NTPC for the transportation of bulk cargo, reaffirming its expertise in the field. A year-long 312 crore work order from CEAT Tyres for the nationwide transportation of finished goods was also awarded to Ritco, further solidifying its position in the automotive supply chain. Ritco secured significant work orders from RINL-Vizag, Birla Carbon India Pvt. Ltd., and BKT Tyre, showcasing its excellence in handling heavy industrial cargo and supply chain management. The company also secured work orders from Mars International and Balmer Lawrie Van Leer Ltd., and entered a strategic partnership with Garden Silk Mills Private Limited for 3PL and In-Plant Logistics services.
Key Highlights
- Expansion into SAARC market with 390 lakh business turnover in the first month
- Secured a 345 crore contract from NTPC for bulk cargo transportation
- Awarded a 312 crore work order from CEAT Tyres for nationwide finished goods transportation
- Secured significant work orders from RINL-Vizag, Birla Carbon India Pvt. Ltd., and BKT Tyre
- Entered strategic partnership with Garden Silk Mills Private Limited for 3PL and In-Plant Logistics services