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Home Economy

CONCOR goal to operate 100 terminals 2020

Fiinews by Fiinews
January 12, 2019
in Economy, Exports, Imports, Projects
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Multi-modal service commences

 

PIB.
Minister for Road Transport and Highways, Shipping, Nitin Gadkari along with Goyal addressing at the flag off ceremony of the first voyage of CONCOR coastal movement – from Kandla Port to Tuticorin Port – through Video Link, in New Delhi on 10 January 2019.

A goal has been set for Container Corporation of India Ltd (CONCOR) to operate 100 terminals next year, adding 19 more, according to Railway Minister Piyush Goyal.

CONCOR, which operates 81 terminals currently, is seen developing into a “Ratna” enterprise from the current rating of a “Navratna” public sector unit, he said on 10 Jan 2019 during the flagging-off SSL Mumbai on a maiden voyage from Kandla Port to Tuticorin Port.

As a Multimodal Logistics service provider, CONCOR has commenced coastal operations from 10 January 2019.

As PSU of Indian Railways, CONCOR will send goods to different locations in a cost-effective manner and will help reduce the load on railways and road.

In addition to first mile and last mile connectivity, it will arrange port handling and coastal transportation of loaded/empty containers and bulk/break-bulk cargo between Kandla port to Tuticorin port via Mangalore port and Cochin port. fiinews.com

Tags: Ministry of Railways
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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