CONCOR And SCI Sign MOU For Logistics Synergy

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Container Corporation of India (CONCOR) and Shipping Corporation of India (SCI) recently signed a Memorandum of Understanding (MOU) on June 3, 2024. This strategic collaboration aims to explore synergies between their infrastructure and expertise to provide seamless and cost-effective end-to-end logistics services.

Business Opportunities

CONCOR and SCI will jointly explore business opportunities by leveraging each other’s strengths.

Infrastructure Advantage: The companies intend to capitalize on their infrastructure advantages to enhance logistics services.

Seamless Solutions: The collaboration aims to offer seamless logistics solutions to customers through a single window.

Overseas Expansion: CONCOR plans to utilize SCI’s shipping services to expand its footprint in overseas locations.

Coastal & Inland Waterways Trade: The MOU also opens avenues for CONCOR to venture into coastal and inland waterways trade.

Conclusion

The CONCOR-SCI partnership holds promise for the logistics industry, benefiting trade and customers alike.

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Source: Capital Market