No edit summary |
minor update |
||
| Line 1: | Line 1: | ||
{{short description|Indian | {{short description|Indian container transport company}} | ||
{{Use dmy dates|date=September 2019}} | {{Use dmy dates|date=September 2019}} | ||
{{Use Indian English|date=November 2015}} | {{Use Indian English|date=November 2015}} | ||
| Line 6: | Line 6: | ||
| logo = Container_Corporation_of_India_logo.svg | | logo = Container_Corporation_of_India_logo.svg | ||
| logo_size = 120px | | logo_size = 120px | ||
| type = [[ | | type = [[Public company|Public]] | ||
| traded_as = {{NSE|CONCOR}} | | traded_as = {{ubl|{{NSE|CONCOR}}|{{BSE|531344}}}} | ||
| industry = [[Transport]] | | industry = [[Transport]] | ||
| fate = | | fate = | ||
| predecessor = <!-- or: | predecessors = --> | | predecessor = <!-- or: | predecessors = --> | ||
| successor = <!-- or: | successors = --> | | successor = <!-- or: | successors = --> | ||
| founded = | | founded = {{Start date and age|1988|3}} | ||
| founder = <!-- or: | founders = --> | | founder = <!-- or: | founders = --> | ||
| defunct = <!-- {{End date|df=yes|YYYY|MM|DD}} --> | | defunct = <!-- {{End date|df=yes|YYYY|MM|DD}} --> | ||
| Line 18: | Line 18: | ||
| hq_location_country = [[India]] | | hq_location_country = [[India]] | ||
| area_served = <!-- or: | areas_served = --> | | area_served = <!-- or: | areas_served = --> | ||
| key_people = | | key_people = Sh. Sanjay Swarup <br /> {{small|(Chairman & Managing Director)}} | ||
| products = [[Container terminal|Terminals]] <br /> [[Intermodal freight transport|Intermodal]] | | products = [[Container terminal|Terminals]] <br /> [[Intermodal freight transport|Intermodal]] | ||
| owner = | | owner = [[Government of India]] | ||
| revenue = {{ | | revenue = {{increase}} {{INRConvert|9023|c}} (2024)<ref name="Financial Results">[https://www.moneycontrol.com/financials/containercorporationofindia/consolidated-profit-lossVI/CCI#CCI"Financial Results Data from Moneycontrol Site"].</ref> | ||
| operating_income = {{ | | operating_income = {{increase}} {{INRConvert|1638|c}} (2024)<ref name="Financial Results"/> | ||
| net_income = {{ | | net_income = {{increase}} {{INRConvert|1232|c}} (2024)<ref name="Financial Results"/> | ||
| assets = {{ | | assets = {{increase}} {{INRConvert|14038|c}} (2024)<ref name="AR">{{cite web |url=https://www.moneycontrol.com/financials/containercorporationofindia/consolidated-balance-sheetVI/CCI#CCI|title=Concor Balance Sheet}}</ref> | ||
| equity = {{ | | equity = {{increase}} {{INRConvert|11823|c}} (2024)<ref name="AR" /> | ||
| num_employees = 1, | | num_employees = 1,400 (March 2021) <ref name="AR" /> | ||
| parent = | | parent = | ||
| subsid = | | subsid = *CONCOR Air Limited | ||
* | *Fresh and Healthy Enterprise Limited | ||
* | *Punjab Logistics Infrastructure Limited | ||
* | *SIDCUL CONCOR Infra Company Limited | ||
* | |||
| website = {{URL|https://concorindia.co.in|concorindia.co.in}} | | website = {{URL|https://concorindia.co.in|concorindia.co.in}} | ||
}} | }} | ||
'''Container Corporation of India | '''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]].<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/transportation/railways/concor-may-launch-a-container-train-service-between-india-bangladesh/articleshow/62072805.cms|title=CONCOR may launch a container train service between India & Bangladesh|last=Mazumdar|first=Rakhi|date=2017-12-14|work=The Economic Times|access-date=2017-12-29}}</ref> | ||
==History== | ==History== | ||
CONCOR is one of the [[Public sector undertakings in India|Indian Public Sector Undertakings]] that is currently under consideration for privatisation.<ref name=":0">{{Cite news |last=PTI |date=12 October 2021 |title=Concor strategic sale not happening this fiscal: DIPAM Secy |work=The Economic Times |url=https://economictimes.indiatimes.com/news/economy/finance/concor-strategic-sale-not-happening-this-fiscal-dipam-secy/articleshow/86967311.cms |access-date=2022-05-07}}</ref> The privatisation process, which involves the [[Government of India|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.<ref name=":0" /> 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.<ref>{{Cite web |last=Asoodani |first=Karishma |date=7 April 2022 |title=Concor disinvestment may progress this month: Sources |url=https://www.businesstoday.in/latest/corporate/story/concor-disinvestment-may-progress-this-month-sources-329079-2022-04-07 |access-date=2022-05-07 |website=Business Today |language=en}}</ref> | |||
==Operations== | |||
CONCOR has multiple operations: [[cargo carrier]]; [[Container terminal|terminal]], warehouse & MMLP operation.<ref>{{cite news |title=Concor Registers Significant Turnaround in Business Concor Board Announces Highest Ever Interim Dividend Corporation Records 13.89 Per Cent Increase in its Net Profit in Q3 Investment in Logistic Parks Planned |url=https://pib.gov.in/newsite/PrintRelease.aspx?relid=69206 |access-date=26 November 2024 |agency=Ministry of Railways, Government of India |publisher=Press Information Bureau |date=20 January 2011}}</ref><ref>{{Cite web |date=2024-05-15 |title=Is CONCOR the next big infrastructure bet? |url=https://www.logisticsoutlook.com/logistics/is-concor-the-next-big-infrastructure-bet |access-date=2024-11-26 |website=Logistics Outlook |language=en-US}}</ref><ref>{{Cite web |date=2024-04-13 |title=CONCOR to set up CFS at Kathuwas MMLP in partnership with private firms |url=https://www.maritimegateway.com/concor-to-set-up-cfs-at-kathuwas-mmlp-in-partnership-with-private-firms/ |access-date=2024-11-26 |website=Maritime Gateway |language=en-US}}</ref> | |||
== Container shipping == | |||
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.<ref>{{Cite web |last=Sharma |first=Aman |date=19 November 2024 |title=In A First, India Set To Foray Into Global Container Shipping Business {{!}} Exclusive |url=https://www.news18.com/india/in-a-first-india-set-to-foray-into-global-container-shipping-business-exclusive-9124909.html |access-date=2024-11-26 |website=News18 |language=en}}</ref> | |||
==References== | ==References== | ||
| Line 52: | Line 50: | ||
==External links== | ==External links== | ||
*[http://www.concorindia. | *[http://www.concorindia.co.in/ Container Corporation of India Ltd. (CONCOR) Official Website] | ||
*[https://web.archive.org/web/20130228081355/http://www.dinodiacapital.com/pdfs/Indian_Logistics_Industry_Dinodia_Capital_Advisors.pdf Report on the Indian Logistics Industry, May 2012 - Dinodia Capital Advisors] | *[https://web.archive.org/web/20130228081355/http://www.dinodiacapital.com/pdfs/Indian_Logistics_Industry_Dinodia_Capital_Advisors.pdf Report on the Indian Logistics Industry, May 2012 - Dinodia Capital Advisors] | ||
| Line 70: | Line 68: | ||
[[Category:Logistics companies of India]] | [[Category:Logistics companies of India]] | ||
[[Category:Foreign trade of India]] | [[Category:Foreign trade of India]] | ||
[[Category:Companies listed on the National Stock Exchange of India]] | |||
[[Category:Companies listed on the Bombay Stock Exchange]] | |||
Latest revision as of 08:06, 1 August 2025
| File:Container Corporation of India logo.svg | |
| Traded as | |
|---|---|
| Industry | Transport |
| Founded | March 1988 |
| Headquarters | , |
Key people | Sh. Sanjay Swarup (Chairman & Managing Director) |
| Products | Terminals Intermodal |
| Revenue |  ₹9,023 crore (US$1.3 billion) (2024)[1] |
| ₹1,638 crore (US$230 million) (2024)[1] | |
| ₹1,232 crore (US$170 million) (2024)[1] | |
| Total assets | ₹14,038 crore (US$2.0 billion) (2024)[2] |
| Total equity | ₹11,823 crore (US$1.7 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]
History[edit | edit source]
CONCOR is one of the Indian Public Sector Undertakings that is currently under consideration for privatisation.[4] 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.[4] 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.[5]
Operations[edit | edit source]
CONCOR has multiple operations: cargo carrier; terminal, warehouse & MMLP operation.[6][7][8]
Container shipping[edit | edit source]
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.[9]
References[edit | edit source]
- ↑ 1.0 1.1 1.2 "Financial Results Data from Moneycontrol Site".
- ↑ 2.0 2.1 2.2 "Concor Balance Sheet".
- ↑ Mazumdar, Rakhi (14 December 2017). "CONCOR may launch a container train service between India & Bangladesh". The Economic Times. Retrieved 29 December 2017.
- ↑ 4.0 4.1 PTI (12 October 2021). "Concor strategic sale not happening this fiscal: DIPAM Secy". The Economic Times. Retrieved 7 May 2022.
- ↑ Asoodani, Karishma (7 April 2022). "Concor disinvestment may progress this month: Sources". Business Today. Retrieved 7 May 2022.
- ↑ "Concor Registers Significant Turnaround in Business Concor Board Announces Highest Ever Interim Dividend Corporation Records 13.89 Per Cent Increase in its Net Profit in Q3 Investment in Logistic Parks Planned". Press Information Bureau. Ministry of Railways, Government of India. 20 January 2011. Retrieved 26 November 2024.
- ↑ "Is CONCOR the next big infrastructure bet?". Logistics Outlook. 15 May 2024. Retrieved 26 November 2024.
- ↑ "CONCOR to set up CFS at Kathuwas MMLP in partnership with private firms". Maritime Gateway. 13 April 2024. Retrieved 26 November 2024.
- ↑ Sharma, Aman (19 November 2024). "In A First, India Set To Foray Into Global Container Shipping Business | Exclusive". News18. Retrieved 26 November 2024.
External links[edit | edit source]
- Container Corporation of India Ltd. (CONCOR) Official Website
- Report on the Indian Logistics Industry, May 2012 - Dinodia Capital Advisors
