CONCOR to fortify infrastructure

The Container Corporation of India (CONCOR), a navratna PSU under the Ministry of Railways, will spend Rs 1,000 crore to strengthen its existing infrastructure, IT infrastructure, and for new projects in 2019-20.

“The amount, that would be generated from internal resources, would also be utilised for purchasing new wagons, containers and handling equipment,” said Mr V. Kalyana Rama, Chairman and Managing Director of CONCOR, while interacting with the media here.