Transport Corporation of India (TCI) is planning to line up a capital expenditure of around Rs 250 crore for the next fiscal. Of the total capital expenditure (Capex), the company is expected to spend Rs 100-125 crore on ships and containers. It is looking at around 12-15 per cent growth in topline and 20 per cent growth in the bottom-line.
Transport Corporation of India, currently, has about 12-million sq ft of warehousing space under its management, which is expected to increase further as the company acquires more space going forward.
Transport Corporation of India (TCI group) is India’s leading integrated multimodal logistics and supply chain solutions provider.