Government s privatisation plan will see it retaining minority shareholding in select companies sentinelassam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sentinelassam.com Daily Mail and Mail on Sunday newspapers.
The government may retain non-controlling stake in some of the public sector enterprises that would be put for strategic sale involving change of management control next year.Highly placed government sources said that a bare minimum government .
In A First, Concor To Start Using Made-In-India Containers As It Seeks To Cut Reliance On Chinese Imports swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
The Container Corporation of India on Friday said it will meet its annual need for around 8,000 containers from domestic manufacturers and no longer depend on China for its requirement. Commerce and Industry Minister Piyush Goyal on Friday called on the industry to seriously explore the possibility of containers being manufactured in India given its chronic shortage for exports . The Container Corporation of India (Concor), which spends about Rs 200 crore annually on procurement of containers, has already given a developmental order for 1,000 containers each to public sector undertakings Bharat Heavy Electricals (BHEL) and Braithwaite & Co.
Concor will soon issue tenders for the remaining 6,000 containers wherein only domestic firms will be able to participate under certain government rules.
Concor places developmental order with BHEL, Braithwaite for ‘Made in India’ containers
New Delhi |
Updated on
There has been a global shortage of containers due to Covid-19 - The Hindu×
Goyal pitches for Rlys’ production units to be used for making containers
Our Bureau
Container Corporation of India (Concor) has given developmental orders to Braithwaite & Company Limited and BHEL for 1,000 containers each. With 2,000 containers expected from these two sources, Concor is looking for sources within India to buy the remaining requirement.
Earlier Concor imported containers from China. Through global tenders earlier, Concor had discovered that the locally-made containers were pricier by about 25 per cent.