CONCOR plans to sign long-term agreements with Reliance, Tata, Vedanta, and Jindal Groups for exclusive logistics solutions across India.
State-owned Container Corporation of India (CONCOR), the country’s largest rail container hauler, is set to finalise long-term agreements with major container shipping lines in September. The company is in advanced discussions with Reliance Industries, Tata Group, Vedanta, and Jindal Group for exclusive logistics solutions covering pan-India cargo movements, according to Chairman and Managing Director Sanjay Swarup.
Existing contracts with Vedanta, which are set to end in September, are being renegotiated for an extended three-year term. This new deal will expand service coverage to additional Vedanta locations, including plants in Goa, Rajasthan, and Uttarakhand.
CONCOR is also introducing double-stack container trains from Delhi to Varnama, enhancing transit times to Nhava Sheva port. Furthermore, the company plans to begin bulk cement transport in tank containers by Q3, with 500 containers ordered. New growth initiatives include increasing direct port deliveries and expanding business at new terminals.
