Container Corporation of India Ltd enters into strategic agreement with UltraTech Cement

Container Corporation of India Ltd. (CONCOR), a Navratna PSU under the Ministry of Railways, has entered into a strategic agreement with M/s UltraTech Cement Ltd., India's largest cement manufacturer, to transport bulk cement using specialized tank containers. This collaboration is a major step forward in promoting rail-based cargo movement and supporting India's vision of sustainable logistics.

Under this collaboration, CONCOR will provide dedicated rakes for the transportation of bulk cement across identified rail corridors. This initiative marks a significant milestone in redefining bulk cement logistics in India.

This first-of-its-kind large-scale initiative in the country is designed to promote a modal shift from road to rail, offering a more sustainable, efficient, and reliable alternative for cement transportation. By leveraging Indian Railways' extensive network and CONCOR's proven capabilities in logistics and multimodal transportation, this partnership is expected to streamline cement supply chains, reduce road congestion, lower transportation costs, and significantly cut down carbon emissions.

This partnership is expected to set new benchmarks in bulk logistics and open avenues for scalable, green logistics solutions in other sectors as well.

The above strategic agreement was signed on 07.10.2025 at New Delhi in the presence of Sh. K. C. Jhanwar, MD, M/s. Ultratech Cement and Sh. Sanjay Swarup, CMD, CONCOR.

Shares of Container Corporation of India Limited was last trading in BSE at Rs. 528.30 as compared to the previous close of Rs. 532.30. The total number of shares traded during the day was 39211 in over 1464 trades.

The stock hit an intraday high of Rs. 540.00 and intraday low of 527.25. The net turnover during the day was Rs. 20952099.00.

Source : Equity Bulls

Keywords

ContainerCorporationofIndia INE111A01025 CONCOR StrategicAgreement UltraTechCement