It now imports 8,000 units from China
State-owned Container Corporation of India Ltd. (Concor) on Friday said it plans to source its annual requirement of about 8,000 containers, which till now were being imported from China, solely from domestic manufacturers.
Concor, that spends about ₹200 crore annually on procurement of containers, had already given a developmental order for 1,000 containers each to Bharat Heavy Electricals (BHEL) and Braithwaite & Co. both public sector undertakings. For the remaining 6,000 containers, the company would soon issue tenders in which only domestic firms would be able to participate.
“As of now, all containers are imported because there is no manufacturing capability in India,” said V. Kalyana Rama, CMD.
Goyal stresses on manufacturing high quality containers in India prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Tata consumer replaces GAIL India in Nifty 50 index among host of other changes in NSE indices timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
Industrials stocks were trading with gains, with the S&P BSE Industrials index increasing 24.19 points or 0.58% at 4181.25 at 09:48 IST. Among the components of the S&P BSE Industrials index, HEG Ltd (up 8.52%), Somany Home Innovation Ltd (up 4.99%),Mahindra CIE Automotive Ltd (up 4.76%),Graphite India Ltd (up 4.34%),Alankit Ltd (up 3.89%), were the top gainers. Among the other gainers were NCC Ltd (up 3.86%), Container Corporation Of India Ltd (up 3.64%), Surya Roshni Ltd (up 3.46%), Greaves Cotton Ltd (up 3.09%), and Adani Ports & Special Economic Zone Ltd (up 3.06%). On the other hand, Shakti Pumps (India) Ltd (down 4.79%), Suzlon Energy Ltd (down 4.65%), and Snowman Logistics Ltd (down 2.66%) turned lower.