CONCOR and KRIL Enters into Agreement
Deepthi | Myequity news | Date : 20-10-2018 20:00:00 IST
Container Corporation of India Ltd. (CONCOR) and Kribhco Infrastructure Limited (KRIL) have entered into an agreement, wherein CONCOR will operate & manage the Bonded Area at KRIL's Terminal at Modinagar for handling of EXIM traffic. This will help to promote and meet the growing needs of Exports/Imports business situated in its hinterland. About KRIL:
Container Corporation of India Ltd. (CONCOR) is a Navratna Public Sector Undertaking under the Indian Ministry of Railways. Incorporated in March 1988 under the Companies Act, CONCOR commenced operations in November 1989 taking over an existing network of seven inland container depots (ICDs) from Indian Railways.
KRIBHCO Infrastructure Limited (KRIL), a 100% subsidy of KRIBHCO. KRIL is operating eight container trains (BLC Flat Rakes) and 1350 containers. KRIL has Inland Container Depot (ICD) / Private Freight Terminal (PFT) at Hazira in Gujarat, Rewari (NCR), Modinagar (NCR), Hindaun City (Rajasthan). In addition to above, KRIL has a Inland Container Depot (ICD) / Private Freight Terminal (PFT) at Hyderabad in Joint Venture with M/s CMTL.