CONCOR to invest Rs 8,000 crore in next five years

09 May 2019 Evaluate

Container Corporation of India (CONCOR) will pump in up to Rs 8,000 crore in the next five years to develop dry ports and distribution logistics centres across the country.

The company is coming up with 20 distribution logistics centres and 100 dry ports. It is already operating 83 (dry ports) and it will make it 100. The 20 distribution logistics centres will be connected to 100 (dry ports).

CONCOR is a Public Sector Undertaking, under Ministry of Indian Railways which was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.

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