KATHMANDU: Container Corporation of India (Concor), the only listed company of Indian Railways with a cash surplus of Rs 2,400 crore and zero debt on its balance sheet, reportedly wants to double its revenues in next five years. The long-term vision is to make it a Rs 12,000 crore in the next five years.
The company wants to go international, having presence in more countries outside (presently in Nepal), be a more involved logistics player providing end-to-end logistics for companies. The company has some 300 rakes, whose capacity can be increased by 15 percent. Container Corporation of India was established in 1988 and works mainly in three verticals — cargo terminal, terminal operator and warehouse operator.
