Container Corporation of India Ltd. (CONCOR) and Shipping Corporation of India Ltd. (SCI) have signed a Memorandum of Understanding (MoU) to explore business opportunities by leveraging each other’s infrastructure and expertise. This collaboration aims to offer seamless and cost-effective end-to-end logistics services to customers through a single window.
Commenting on the partnership, CONCOR CMD Shri Sanjay Swarup stated, “We are pleased to formalize our partnership with Shipping Corporation of India. This MoU represents a significant step in expanding our logistics services, leveraging our combined infrastructure and expertise to offer seamless, cost-effective solutions to our customers”.
The MoU will enable CONCOR to venture into new areas such as international shipping, coastal shipping, and Inland Waterways trade. By utilizing the strengths of both organizations, the partnership is set to enhance the efficiency and reach of logistics services across various domains.
This strategic collaboration marks a significant advancement in the logistics sector, promising improved service delivery and cost-efficiency. By integrating their resources and capabilities, CONCOR and SCI aim to set new benchmarks in the industry, offering comprehensive logistics solutions that meet the evolving needs of their customers.