Railways' CONCOR begins coastal operations

Top Stories

»	India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc
»	RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance
»	Crude oil prices fall over 1 pc as ceasefire hopes ease West Asia concerns
»	Forced labour import curbs: US proposes up to 12.5 pc tariff on 60 countries, including India
»	GST collections clock nearly Rs 2 lakh crore in May after robust April

SME Times News Bureau | 10 Jan, 2019
Ministry of Railways' public sector unit, Container Corporation of India Ltd (CONCOR) undertook its maiden coastal journey on Thursday from Kandla Port to Tuticorin Port.

The voyage for the PSU was flagged off by two union ministers, Nitin Gadkari and Piyush Goyal, from here at the Transport Bhawan through remote control.

"The Railways has introduced many new reforms in the last four-and-a-half years. This is another first in the series of reforms," said Railways Minister Piyush Goyal.

Among the reforms, he cited the production of Linke Hofmann Busch (LHB) coaches, leading to "replacement of all old coaches" and government's undertaking of electrification of the entire railway network.

"The new indigenous built Train 18, under Make in India initiative, will soon be flagged off on New Delhi-Varanasi route.

"This new service started today by CONCOR will also be very profitable for the freight movement to send goods to different locations in a cost-effective manner and will also reduce the load on railways and road," he added.

Minister of Shipping Nitin Gadkari said: "I'm glad to see this modal shift in the logistics chain."