Container Corporation Of India Ltd.

BSE: 531344 | NSE: CONCOR
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Container Corporation loads 36 million tons of traffic in 2016-17

Date: 05-04-2017

Container Corporation of India (CONCOR) has loaded approximately 36 million tons of traffic in 2016-17, registering a growth of 7.8% over 33.39 million tons (MT) in 2015-16. There was a growth of 9.2% in EXIM from 27.28 MT to 29.8 MT and growth of 1.5% in domestic from 6.11 MT to 6.20 MT. The growth is primarily due to various initiatives taken by the company through reduction in dwell time at JNPT, Time tabled trains, and strategic ties with ports and private terminal operators.

Container Corporation of India 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. From its humble beginning, it is now an undisputed market leader having the largest network of 66 ICDs/CFSs in India.