India: The Container Corporation of India (CONCOR) plans to invest around US$140m towards developing dry ports and related infrastructure as well as buying more railway wagons. The government-controlled organisation, under the remit of the Ministry of Railways, intends to target the cement industry, according to the New Indian Express newspaper. V Kalyana Rama, the chairman and managing director of CONCOR, said that the company wants to increase transportation of bulk cement in the country to reduce inefficiencies.
Container Corporation of India targets cement industry
© 2019 Pro Global Media Ltd. All rights reserved.