Concor charts aggressive growth path, to add 500 rakes and 100 terminals

By Admin

04 Oct, 2025

India’s logistics sector is witnessing unprecedented transformation, and the Container Corporation of India (Concor) is leading this change with a bold expansion strategy. The state-owned logistics giant has announced plans to add 500 rakes and 100 new terminals by 2028, setting the stage for a massive capacity upgrade to support the country’s manufacturing and trade ambitions.

Driving India’s Manufacturing Momentum
Concor Chairman and Managing Director Sanjay Swarup, in the company’s latest annual report, emphasized that India is shifting from a consumption-driven to a manufacturing-led economy   a transition where logistics will play a crucial role. “Our nation is well positioned to become the third-largest economy within a decade, and logistics infrastructure will be the backbone of this transformation,” Swarup said.

Record-Breaking Performance in FY 2024–25
The company achieved its best-ever operational and financial results in FY 2024–25, handling 5.09 million TEUs, marking a 7.94% year-on-year growth. This included a 6.78% rise in EXIM volumes and an 11.9% surge in domestic cargo. Concor’s gross turnover climbed to ₹9,329 crore, while net profit rose to ₹1,272 crore, both historic highs for the organization.

Rail Freight on the Rise
The company’s performance mirrors the strong momentum in India’s rail logistics. Cargo movement across Indian Railways reached 1,617 million tonnes, up 1.68% from the previous year. Containerised traffic grew 4.34% to 88.7 million tonnes, while ports handled 23.3 million TEUs, marking a 10.6% growth a clear sign of India’s expanding trade and infrastructure capacity.

Investing in Infrastructure and Innovation
To sustain this momentum, Concor invested ₹810 crore in FY25 toward terminal upgrades, acquisition of new wagons and containers, handling equipment, and IT infrastructure. Additionally, ₹76.7 crore was allocated to research and development, focusing on indigenous container manufacturing, cement tank containers, wagon upgrades, and automation-based destuffing solutions to enhance efficiency.

Currently, Concor operates 66 terminals, 17,485 wagons, and over 53,000 containers, supported by LNG trucks, reefer power-packs, and advanced handling equipment across India.

Vision 2028: Integrated and Diversified Growth
Looking ahead, Concor’s 2028 vision revolves around diversification, integration, and sustainability. The company is expanding into freight forwarding, customs clearance, shipping, distribution, and parcel services, while developing private freight terminals, multimodal cargo hubs under the Gati Shakti initiative, and net-zero warehouses to align with India’s green goals.

Further, Concor plans to venture into air freight stations, short-sea shipping, and automobile logistics, while also exploring offshore expansion through strategic trade routes like the International North-South Transport Corridor (INSTC) and the India–Middle East–Europe Economic Corridor (IMEEC).

End-to-End Logistics Transformation
Operationally, the company is targeting 100% of its cargo under its First Mile–Last Mile (FMLM) model, providing seamless end-to-end logistics solutions. Long-term contracts with shipping lines, cement producers, and large corporates are also on the horizon, ensuring stability and sustained growth.

Analysts’ Outlook
Industry experts view Concor’s aggressive scale-up as a strategic response to India’s evolving logistics demand, fueled by e-commerce growth, infrastructure development, and manufacturing resurgence. With a strong focus on capacity expansion, digitalization, and global connectivity, Concor is set to remain India’s leading multimodal logistics player, driving the nation’s march toward becoming a global manufacturing powerhouse.