Container Corporation of India (Concor), a Navratna PSU, is looking at an annual turnover of Rs 25,000 crore in the next five years, Union Minister Piyush Goyal said on Friday.
The PSU under the Ministry of Railways, which has 81 terminals, will cross the 100 mark next year and would contribute tremendously in bringing down high logistics cost in the country, Railways Minister Goyal said.
He was speaking at the launch of the maiden container transport of Concor through coastal shipping, which was flagged off by shipping minister Nitin Gadkari.
“Concor recorded a turnover of Rs 6,000 crore last year. It aims to take it to Rs 25,000 crore in the next five years,” Goyal said. Read More
Latest posts by Moneycontrol.com (see all)
- Sterlite Power doubles transmission capacity in Lucknow - June 24, 2019
- Inox Wind commissions common power evacuation facilities in Gujarat - June 24, 2019
- Tata Power eyeing InvIT route for monetising renewable energy assets - June 22, 2019