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CONCOR to surrender 15 terminals to railways on business viability issues

05 May 2020 Evaluate
Container Corporation of India (CONCOR) is surrendering its 15 terminals with a turnover of Rs 277.50 crore to railways due to commercial and business viability considerations. These terminals, spread across various states, have net block worth Rs 64.84 crore.

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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