Container Corporation of India

1988
 
 - The Company was incorporated in March under the Companies Act,
 1956,
 was constituted as an autonomous Public Sector Undertaking under the
 Ministry of Railways with the objective of serving as catalyst for
 promoting containerisation and to give a boost to India's
 International
 trade and commerce by organising multi-modal logistics support.
 
 - The Main Object of the Company is to promote containerisation and
 to
 give a boost to Indian International trade and commence by
 organising
 multi-model to logistic support.
 
 - The Company carries on the business of providing Containersied
 Transport by organising multi-modal logistics support.  It operates
 Inland Container Deports (ICDs) which provide single window facility
 in
 co-ordination with Railways, Customs, Sea Ports, Shipping Lines,
 Road
 hauliers, Banks, etc. to deal with transport logistics of imports
 and
 exports.  The Company also organises rail/road transport for
 domestic
 containers and provides consultancy in the field of multi-modal
 transport.
 
 - The Company extended operations in the field of domestic traffic
 also.  The potential for growth in both export-import movement and
 domestic movement is immense and CONCOR's strategy is aimed at
 capturing a sizeable portion of this market.
 
 - With a view to improving quality of service, CONCOR has already
 entered into agreement with Railways for schedule running of
 export-import trains on guaranteed transit times.
 
 - The Company is market oriented in its approach, offering
 multimodal
 packages to customers and taking steps to ensure speedy and safe
 delivery of cargo.
 
 1990
 
 - CONCOR commissioned seven container transfer/handling facilities
 during the year.  In addition to three ICDs at Ahmedabad, Pune &
 Hyderabad, two full fledged Container Freight Stations (CFSs) were
 commissioned at Moradabad and Panipat as cargo consolidation and
 clearance centres with linkage to the OCD at New Delhi.
 
 - CONCOR has pioneered an important concept of Port Side Container
 Terminal (PSCT): the one at Todiarpet commissioned in March 1991, is
 situated in the vicinity of Chennai Harbour.  A similar terminal was
 commissioned at Wadi Bunder in close proximity of Mumbai Port in
 April
 1991.
 
 1991
 
 - CONCOR commissioned the PSCT (Port Side Container Terminal) at
 Wadibunder (by the side of Mumbai Port), Domestic Container
 Terminals
 at Shalimar in Calcutta and Soft Coke Siding.
 
 - Tughlakabad at Delhi as well as a CFS at Mullund, which
 incidentally
 is its first joint venture with the Indira Rashtriya Kamgar
 Co-operative Society in Mumbai.
 
 - 3,29,913 No. of equity issued to Indian Railways.
 
 1992
 
 - Under MOU signed with the Ministry of Railways, container handling
 target has been set at 1,35,000 TEUs against 94,000 TEUs in 1991-92.
 
 - 16,600 No. of equity shares issued, subscribed and paid up by
 Indian
 Railways.
 
 1993
 
 - CONCOR commissioned Inland Containers Depots at Tughalakabad in
 Delhi
 and Whitefield in Bangalore.  In addition, first phase of expansion
 and
 upgradation of ICD at Tondiarpet in Chennai was commissioned and
 completed.
 
 - 3,03,400 No. of equity shares issued, subscribed and paid up by
 Indian Railways.
 
 1994
 
 - During the year a small beginning was made as a Multi modal
 transport
 operator and also as a consultancy organization for multi-modalism.
 
 - The Government of India disinvested 20% of its equity shares of
 CONCOR viz. 129,97,200 at a verage weighted price of Rs 76.71 per
 share.
 
 1995
 
 - A new CFS was commissioned at New Mulund (Mumbai), and a new
 export
 warehouse at ICD, Sabarmati.
 
 - Approval of World Bank was obtained to increase the quantity of
 wagons to be procured in the second Tranche from 750 to 1500.
 
 1996
 
 - Scheduled reefer services between ICD Thughlakabad and Muboni Port
 was also introduced.  Clearance of ODC consignments by road between
 ICD
 Thughlakabad to the Gateway Port was started during the year.
 
 - Two new ICDs were commissioned one each at Agra on 19.11.1996 at
 Nagpur on 7.1.1997.  ICD at Nagpur is rail linked with the twin
 ports
 of Mumbai and SNPT and Agra is linked with ports directly by road
 ICD
 Tughlakabad by rail.
 
 1997
 
 - Bonded work Contract a nominated day service linking important
 commercial and industrial centres of the country was launched in the
 domestic segments in January.
 
 - Two new ICDs were commissioned one at Moradabad on 23rd February
 1998
 and the other at Malanpur/Gwalior on 25th June 1998.  Second bonded
 warehouse was commissioned at ICD/Whitefield.
 
 - The Concor has been set up to bridge the gap between rail
 transport
 and road transport for harnessing the gains of containerisation and
 attracting non bulk general goods road traffic to rail.
 
 - CCI is the only company in the country which manufactures 230 KV
 cables for which it has a technical collaboration with Mitsubishi of
 Japan.
 
 - The Cable Corporation of India (CCI), commissioned its new plant
 at
 Nasik on March 27, with a capacity of 10,000 ckm as scheduled.
 
 1998
 
 - Disinvestment commission chairman G.V. Ramakrishna has criticised
 the
 government for mismanaging disinvestment process in public sector
 Container Corporation of India (Concor).
 
 - The disinvestment of shares in Container Corporation of India
 (Concor) is significant as this is the Government's first domestic
 offering in nearly three years.
 
 - Credit rating Information Services of India (Crisil) has
 downgraded
 the `A+' rating assigned to the Rs. 31.50 crore non- convertible
 debenture issue of Cable Corporation of India Ltd (CCIL) to `A-'.
 
 1999
 
 - The Container Corporation of India (Concor) will shortly launch a
 daily service between Chennai port and Whitefield ICD, Bangalore.
 
 1999
 
 - The company has introduced a voluntary retirement scheme (VRS) for
 its 700-odd employees at its Borivali unit.
 
 - The non-convertible debenture issue of Cable Corporation of India
 worth Rs. 315 crores has been downgraded from `BB+' to `C' by Credit
 Rating Information Services of India Ltd (Crisil).
 
 2000
 
 - The Company has created a separate domestic division to give a
 major
 boost to the company's growing interest in domestic container
 movement.
 
 - Container Corporation of India has introduced an express parcel
 service vans between Chennai and Delhi with effect from August 1.
 
 - India's largest private sector warehousing company, Continental
 Warehousing Corporation has entered into a strategic alliance with
 leading public sector undertaking Container Corporation of Inida for
 handling domestic cargo.
 
 - The Company appointed Mr. R. C. Dubey and Mr. P. C. Jha as
 directors.
 
 - Container Corporation of India Ltd. has opened the first hub point
 in
 South India for less than container load cargoes at its Tiruvottiyur
 container freight station.
 
 2001
 
 - The Container Corporation of India (Concor) has launched a
 fixed-day
 fixed-time weekly freight service between Shalimar (Howrah) and
 Mumbai
 and Shalimar and Ahmedabad with transhipment at Nagpur
 
 - Container Corporation of India Ltd has paid a dividend of Rs 27.4
 crore for 2000-01 to the Indian Railways.
 
 - Container Corporation of India Ltd has informed BSE that the
 Government of India, Ministry of Railways, Railway Board has
 appointed
 Shri P.G.Thyagarajan, and Shri Rakesh Mehrotra as Director (IM&O)
 and
 Director (P & S) respectively w.e.f. December 12, 2001.
 
 2002
 
 - Container Corporation of India has informed the Exchange about the
 new 
 address of the company:  Container Corporation of India Ltd., 2nd
 floor, Le-Meridien Commercial Tower, Raisina Road, New Delhi-110001.
 
 -Shri.M.C. Srivastava Member Traffic/Railway Board has been
 appointed
  as part time chairman in the place of Shri.R.K.Thoopal.
 
 -Mr.R.K.Narang, Dr.P.S.Sarma and Mr.M.R. Dixit are appointed on the
 board 
 of the company as part time Non-official Directors.
 
 -Ministry of Railways has extended the term of  Mr.Birkhe Ram beyong
 June 2002.
 
 2003
 
 -K.K.Agarwal has been appointed as part time chairman of CONCOR.
 
 -Concor, the sole provider of containerised goods transport unveiled
 
  Asia'a biggest inland container depot( ICD) at Dadri.
 
 -Kolkota Port trust has tied up with Concor to provide services to
 shippers
  to transport containes using sea rail-mode between Nepal and 
 Kolkota Dock Systems(KDS).
 
 -Concor recommences its wagon movement from northern India's largest
 
 container depot at Tuglaquabad in Delhi to Jawahar lal Port Trust in
 Mumbai.
 
 -Pradeep Bhatnagar appointed as Part-time Govt Director.
 
 -Shri Birkhe Ram, Director (Finance)/ CONCOR has ceased to hold the
 directorship on account of his superannuation on November 30, 2003.
 
 -Ministry of Railways has communicated the appointment of Pradeep
 Bhatnagar Railway Board as Part-time Govt Director wef September 22,
 2003 vice Shri Prakash, the then Part-time Govt Director.
 
 2004
 
 -Maersk-Concor bags 3rd JNPT terminal project
 
 - Concor inks pact with Transworld to set up CFS at Dadri
 
 -Concor forges alliance with APL for box freight station at Dadri
 complex
 
 -Concor inks pact with Apeda for movement of perishable goods
 
 2005
 
 -Concor rolls out telescopic tariffs for bonded trucking cargoes
 
 -CONCOR & GDL signs agreement for providing train services to
 transport EXIM container traffic
 
 2006
 
 -Concor inks MoU with Baxi Group