Container Corporation Of India Limited has informed the Exchange regarding a press release dated Jun 30, 2025, titled "Bulk Cement Movement Enters aNew Era with CONCOR".
CONCOR · price
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CONCOR has introduced specialized tank containers for transporting bulk cement in loose form for the first time in India. The first real-time movement has started from My Home Cement Siding at Mellacheruvu in Andhra Pradesh to CONCOR's ICD Whitefield in Bangalore, in partnership with My Home Cement. These tank containers allow safe, efficient, and eco-friendly bulk cement transport by rail, reducing reliance on conventional bagged transport. The initiative supports India's push for green and multimodal logistics. CONCOR is leveraging its existing rail and multimodal infrastructure to serve the cement industry with a new logistics solution.
This is a positive business development for CONCOR as it opens a new revenue stream in cement logistics and reinforces its position as an innovative multimodal logistics provider. For shareholders, it signals business diversification and alignment with sustainability trends, which could support long-term growth.