Strategic agreement - Container Corporation Of India Ltd

Code BSE: 531344 NSE:

Container Corporation Of India Ltd has entered into a strategic agreement with to transport bulk cement using specialized tank containers. This collaboration is a major step forward in promoting rail-based cargo movement and supporting India's vision of sustainable logistics. Under this collaboration, CONCOR will provide dedicated rakes for the transportation of bulk cement across identified rail corridors. This initiative marks a significant milestone in redefining bulk cement logistics in India. \This first-of-its-kind large-scale initiative in the country is designed to promote a modal shift from road to rail, offering a more sustainable, efficient, and reliable alternative for cement transportation. By leveraging Indian Railways' extensive network and CONCOR’s proven capabilities in logistics and multimodal transportation, this partnership is expected to streamline cement supply chains, reduce road congestion, lower transportation costs, and significantly cut down carbon emissions.