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CONCOR's annual capex will be ₹800-900 cr in next 4 years

May 30, 2025

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Financial Express Lucknow

With over 60% market share in India's container rail logistics business, Container Corporation of India (CONCOR) is at the forefront of Indian Railways' ambitious efforts to expand its presence in the logistics sector.

The state-run entity is diversifying its commodity mix and adding new terminals, containers, rakes, and services to reinforce its leadership. In a conversation with Manu Kaushik, Sanjay Swarup, chairman and managing director of CONCOR, discussed the company's growth strategies. Excerpts:

What is your strategy behind the integrated logistics solutions?

Integrated logistics is a key focus area for the management. Under this initiative, once a container or cargo reaches a terminal, we offer customers warehousing facilities, value-added services, and first-mile and last-mile (FMLM) delivery. We have evolved from being a pure rail operator to an end-to-end logistics service provider. Launched around three years ago, this service is now available across India for both export-import (Exim) and domestic segments. Customers can also avail themselves of door pickup and delivery services through a mobile app. In FY25, total FMLM volume stood at 0.78 million twenty-foot equivalent units (TEUs), accounting for around 35% of our total volume. Our target is to scale this up to 100% in the current financial year.

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