In the FY25, CONCOR aims at increasing its cargo volumes by 18-20% while a capex of Rs.610Cr will be made. The rail freight major expects 15% growth in EXIM cargo and 25% in domestic volumes. The proposed capital expenditure will mainly be made for developing terminals, procuring freight wagons, expanding the fleet of containers, upgrading IT equipment and acquiring land.
The company incurred a capital expenditure of Rs 745 crore in 2023-24 and added three new terminals at Jajpur, Kadakola, and Paradip. During the period CONCOR also added to its fleet 14 high speed heavy capacity rakes, taking its total fleet size to 377 at the end of the year. In addition, the public sector undertaking procured 7,653 new containers, taking the total count to more than 44,000.
