Container Corporation of India targets cement industry

India: The Container Corporation of India (CONCOR) plans to invest around US$140m towards developing dry ports and related infrastructure as well as buying more railway wagons. The government-controlled organisation, under the remit of the Ministry of Railways, intends to target the cement industry, according to the New Indian Express newspaper. V Kalyana Rama, the chairman and managing director of CONCOR, said that the company wants to increase transportation of bulk cement in the country to reduce inefficiencies.