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.