Shri H.M. Bangur, Chairman, Shree Cement, Conferred Honorary Doctorate by KIIT University

Shri H M Bangur, Chairman of Shree Cement, was today conferred an Honorary Doctorate by the Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar, in acknowledgment of his leadership in Indian industry and commitment to building sustainable and resilient business ecosystem.

Accepting the honour, Shri Bangur described it as a defining milestone in his journey and a tribute to the people of Shree Cement. “This recognition is not mine alone—it belongs to every colleague, mentor, partner, and community that has shaped our journey,” he said.

“Odisha will remain a cornerstone of India’s growth story, and as we expand our presence, we are committed to building a modern, green cement business that creates enduring value for stakeholders while contributing to India’s sustainable future,” Shri Bangur further said underlining Odisha’s role as a key driver of India’s industrial growth, supported by its abundant mineral resources and a future-ready workforce. With pro-industry policies and large-scale government investment, the state is attracting mega projects that are creating jobs and driving economic progress.

As one of India’s top cement manufacturers with a capacity of 66.8 MTPA, Shree Cement is targeting 80 MTPA by 2028. This expansion is anchored in sustainability. The company is a sector leader in waste heat recovery, alternative fuels, and renewable power generation—with over 590 MW of green energy capacity. Its use of low-carbon blended cements has significantly reduced its carbon footprint, while its operations maintain 8X water positivity, well above industry benchmarks.

Beyond the environment, Shree Cement has embedded social responsibility into its growth model. Its CSR programmes in education, healthcare, women’s empowerment, skill development, and rural infrastructure continue to transform 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.