Company type | Public |
---|---|
Industry | Transport |
Founded | March 1988 |
Headquarters | , |
Key people | Sh. Sanjay Swarup (Chairman & Managing Director) |
Products | Terminals Intermodal |
Revenue | ₹9,023 crore (US$1.1 billion) (2024) [1] |
₹1,638 crore (US$200 million) (2024) [1] | |
₹1,232 crore (US$150 million) (2024) [1] | |
Total assets | ₹14,038 crore (US$1.7 billion) (2024) [2] |
Total equity | ₹11,823 crore (US$1.4 billion) (2024) [2] |
Owner | Government of India |
Number of employees | 1,400 (March 2021) [2] |
Subsidiaries |
|
Website | concorindia.co.in |
Container Corporation of India Limited (CONCOR) is an Indian public sector undertaking which is engaged in transportation and handling of containers. Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways. [3]
Indian Railways' strategic initiative to containerise cargo transport put India on the intermodal freight transport map for the first time in 1966. Given India's size (almost 3,000 kilometres (1,900 mi) from North to South and East to West), rail transport is often a cheaper option for all cargo over medium and long distances, especially if the cost of inter-modal transfers can be reduced. Seeing that containerised multi-modal door-to-door transport provided a solution to this problem, in 1966 Indian Railways entered the market for moving door-to-door domestic cargo in special DSO containers.
Although the first ISO container in India had been handled in Kochi as early as 1973, it was not until 1981 that the first ISO container was moved inland by Indian Railways to the country's first ICD at Bengaluru, also managed by the Indian Railways.
Expansion of the network to seven ICDs by 1988 saw an increase in container handling capacity, while along the way a strong view emerged that there was a need to set up a separate pro-active organisation to promote and manage the growth of containerisation in India. [4] [5]
CONCOR is one of the Indian Public Sector Undertakings that is currently under consideration for privatisation. [6] The privatisation process, which involves the Indian Government selling 30.8% out of its shareholding of 54.8%, was initially projected to be completed in the fiscal year 2021–2022, but has since been delayed to the next fiscal year. [6] In April 2022, the Indian Government reduced Indian Railways' land licensing fee from 6% to 3% of the land's market value, which was done to assist the company's privatisation. [7]
CONCOR operates three core businesses: cargo carrier; terminal operator, warehouse operator & MMLP operation. [8] [9] [10]
As per CNN-News18 report from 19 November 2024, a roadmap study would be commissioned by Container Corporation of India Limited to one of the leading consulting firms, Ernst & Young, KPMG, or PwC, in order to enter the global container shipping industry. The initial target areas will be the Middle East and South Asia. [11]
Transport in India consists of transport by land, water and air. Road transport is the primary mode of transport for most Indian citizens, and India's road transport systems are among the most heavily used in the world.
Containerization is a system of intermodal freight transport using intermodal containers. Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes today, as opposed to other systems such as the barge system or palletization. The containers have standardized dimensions. They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is mechanized so that all handling is done with cranes and special forklift trucks. All containers are numbered and tracked using computerized systems.
An intermodal container, often called a shipping container, or cargo container, (or simply “container”) is a large metal crate designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – such as from ships to trains to trucks – without unloading and reloading their cargo. Intermodal containers are primarily used to store and transport materials and products efficiently and securely in the global containerized intermodal freight transport system, but smaller numbers are in regional use as well. It is like a boxcar that does not have wheels. Based on size alone, up to 95% of intermodal containers comply with ISO standards, and can officially be called ISO containers. These containers are known by many names: freight container, sea container, ocean container, container van or sea van, sea can or C can, or MILVAN, or SEAVAN. The term CONEX (Box) is a technically incorrect carry-over usage of the name of an important predecessor of the ISO containers: the much smaller steel CONEX boxes used by the U.S. Army.
Intermodal freight transport involves the transportation of freight in an intermodal container or vehicle, using multiple modes of transportation, without any handling of the freight itself when changing modes. The method reduces cargo handling, and so improves security, reduces damage and loss, and allows freight to be transported faster. Reduced costs over road trucking is the key benefit for inter-continental use. This may be offset by reduced timings for road transport over shorter distances.
Toll Group operates a logistics and global freight forwarding network spanning 150 countries, with over 20,000 customers. Toll has more than 16,000 team members across 500 sites.
A dry port is an inland intermodal terminal directly connected by road or rail to a seaport, operating as a centre for the transshipment of sea cargo to inland destinations.
Jawaharlal Nehru Port, also known as JNPT and Nhava Sheva Port, is the second largest container port in India after Mundra Port. Operated by the Jawaharlal Nehru Port Trust Authority (JNPTA), it is located on the eastern shores of Arabian Sea in Navi Mumbai, Raigad district, Maharashtra. This port can be accessed via Thane Creek, a nodal city of Navi Mumbai. It is the main port of the Mumbai Metropolitan Region after Mumbai Port, also of Maharashtra and Western India. Its common name derives from the names of Nhava-Sheva village that is situated here. It is also the terminal of the Western Dedicated Freight Corridor.
Aurizon Holdings Limited is a freight rail transport company in Australia, formerly named QR National Limited and branded QR National. In 2015, it was the world's largest rail transporter of coal from mine to port. Formerly a Queensland Government-owned company, it was privatised and floated on the Australian Securities Exchange (ASX) in November 2010. The company was originally established in 2004–05 when the coal, bulk, and container transport divisions from Queensland Rail were brought under one banner as QR National.
Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, part of Adani Group. APSEZ is India's largest private port operator with a network of 12 ports and terminals, including India's first port-based SEZ at Mundra and the first deep water transshipment port at Thiruvananthapuram. The company has attracted controversies for cronyism, alleged stock manipulation and violation of environmental norms.
Jogighopa is a small town located on the northern bank of the Brahmaputra River in the Bongaigaon district in the state of Assam, India.
Sirsiya is a village development committee in Parsa District in Province No. 2 of south-eastern Nepal. At the time of the 1991 Nepal census it had a population of 1966 people living in 352 individual households.
Transport Corporation of India Limited is an Indian logistics and supply chain management company headquartered in Gurugram, Haryana, India. It was founded in 1958 by Prabhu Dayal Agarwal at Kolkata, India.
Central Warehousing Corporation is a statutory body which was established under ‘The Warehousing Corporations Act, 1962. It is a public warehouse operator established by the Government of India in 1957 to provide logistics support to the agricultural sector. It operates 422 warehouses across India with a storage capacity of 10 million tonnes. Services include foodgrain warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and air-cargo complexes.
Hisar Airport, officially known as Maharaja Agrasen International Airport is a DGCA-licensed public airport serving Hisar in Haryana state of India. It is located 5 kilometres (3.1 mi) northeast of the city center on NH-9. The airport is planned to be upgraded to an international airport by 2030. It will eventually see the development of a new MRO, aerospace university, aerospace and defense manufacturing industrial zone, logistics and food parks, etc. over an area spread across 10,000 acres (4,000 ha). In 2021, the total cost of planned upgrade in 3 phases, including the actual spend and future approved allocations, is nearly ₹5,200 crore.
Gateway Distriparks Limited is an Indian logistics company based in Mumbai with three business verticals: Container Freight Stations (CFS), Inland Container Depots (ICD) with rail movement and Cold Chain Storage & Logistics. The company was founded in April 1994 and originally promoted by Newsprint Trading & Sales Corporation (NTSC), CWT Distribution Limited, NUR Investment and Trading Pvt. Ltd. and Intercontinental Forest Products Pte. Ltd. (IFP) as a joint venture company to conduct the business of warehousing, container freight stations and all related activities. As of November 2015, Prism International Private Limited is the sole promoter of the company.
Allcargo Logistics Limited is a Mumbai-based Indian logistics company. It is known to offer multi-modal integrated logistics and transportation services worldwide.
Tihi railway station is a local railway station in Pithampur in the suburb of Indore. This station lies on the unfinished Indore–Dahod line. The station was built for operations of goods and container trains providing direct connectivity to the industries in Pithampur.
Multi-Modal Logistics Parks (MMLPs) is a key policy initiative of the Government of India, led by National Highways Logistics Management Limited under Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), to develop Multi-Modal Logistics Parks in hub-and-spoke model to improve the country's freight logistics sector by lowering overall freight costs and time, cutting warehousing costs, reducing vehicular pollution and congestion, improving the tracking and traceability of consignments through infrastructural, procedural, and information technology interventions.
Haryana State Industrial and Infrastructure Development Corporation (HSIIDC), formerly Haryana State Industrial Development Corporation (HSIDC), headquartered at Panchkula, is a 100% state-owned agency of the government of Haryana in the Indian state of Haryana. For ease of doing business, Haryana is the first state in India to introduce a labour policy in 2005 and Land Pooling Policy in 2017, for which HSIIDC acts as the nodal agency. Haryana Financial Corporation provides financial assistance for setting up new industrial units and for the expansion and diversification of the existing industries. Various universities, educational and training institutes, including the nation's first skills university Haryana Vishwakarma Skill University, provide the human resources to capitalise on the infrastructure created by the HSIIDC.
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