Container Corporation Of India Ltd.

Container Corporation of India (CONCOR) is reportedly planning to invest Rs 1,000 crore in the current financial to develop dry ports and other infrastructure. Out of the total Rs 1,000 crore, 30 to 40% will be spent for developing infrastructure for dry ports such land and buildings and around 60 to 70% for buying wagons and materials. In four years, the company is planning to buy 270 rakes.

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.