The Container Corporation of India Limited (CONCOR) has scheduled a meeting of its Board of Directors on May 25, 2017 to consider and approve the Audited Financial Results of the Company for the FY 2017.
The CONCOR was incorporated in March 1988 and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.
CONCOR was incorporated under the Indian Companies Act, 1956 with the objective to serve as a catalyst for boosting India's EXIM and Domestic trade and commerce by providing efficient and reliable multimodal logistic support and to ensure growing stakeholder value. The Company provides the services for containerized freight transportaion by rail in India.
The shareholding of the Government of India is 61.80 per cent, Bureaucracy Today has learnt