Shri H.M. Bangur, Chairman of Shree Cement, has been conferred an Honorary Doctorate by KIIT University in Bhubaneswar, Odisha, in recognition of his exceptional leadership in the Indian industry and his commitment to building a sustainable and resilient business ecosystem. Bangur expressed his gratitude, stating that this honor is a tribute to the people who have contributed to Shree Cement’s journey, including colleagues, mentors, partners, and the community.
Bangur emphasized the importance of Odisha in India’s growth story, citing its abundant mineral resources and future-ready workforce. He highlighted Shree Cement’s plans to expand its presence in the state, with a focus on building a modern, green cement business that creates value for stakeholders while contributing to India’s sustainable future. Shree Cement is one of India’s top cement manufacturers, with a capacity of 66.8 MTPA, and aims to reach 80 MTPA by 2028.
The company is committed to sustainability, with a strong focus on waste heat recovery, alternative fuels, and renewable power generation. It has over 590 MW of green energy capacity and uses low-carbon blended cements, which has significantly reduced its carbon footprint. Shree Cement’s operations also maintain a high level of water positivity, with a rate of 8X, well above industry benchmarks.
In addition to its environmental efforts, Shree Cement has embedded social responsibility into its growth model. The company’s CSR programs focus on education, healthcare, women’s empowerment, skill development, and rural infrastructure, and have transformed communities across its operating regions. These efforts have earned Shree Cement top ESG ratings and positioned it as an industry benchmark for balancing business growth with environmental stewardship and inclusive development.
Shree Cement Limited is a leading cement group in India, known for its industry-leading green credentials, innovative practices, and cost leadership. The company is committed to delivering sustainable building material solutions to its consumers and follows the highest standards of corporate governance. With a long history of enjoying stakeholders’ trust, Shree Cement is determined to continue its growth trajectory while maintaining its commitment to sustainability and social responsibility.