CONCOR Signs MoU to Expand into Port Operations Business with New Bhavnagar Terminal

Container Corporation of India Ltd. (CONCOR) has taken a big step forward in growing its logistics business. On September 4, 2025, the company signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure Private Limited (BPIPL) in New Delhi. This agreement will allow CONCOR to operate and manage a new container terminal at Bhavnagar Port in Gujarat. 

A Strategic Move for CONCOR

This partnership marks CONCOR’s entry into port operations, which is an important part of its plan to strengthen its presence in the logistics sector. Under the MoU, CONCOR will act as the Container Terminal Operator, taking care of the operations, management, and marketing of the upcoming terminal.

Building Port Infrastructure

BPIPL had earlier signed an agreement with the Gujarat Maritime Board (GMB) in September 2024. This deal allowed BPIPL to develop the port at Bhavnagar. Key points of the development include:

• 235 hectares of land given to BPIPL on a 30-year lease
• A plan to expand by another 250 hectares in the future

This infrastructure project is expected to boost the logistics network and support trade in and around Gujarat.

Regional Benefits

The Bhavnagar container terminal is expected to support logistics needs in:

• Central Gujarat
• Dholera Industrial Belt
• National Capital Region (NCR)

The terminal’s location will make it easier and faster to move goods across these areas, helping industries and businesses.

CONCOR’s Strength in Logistics

CONCOR has a strong position in the Indian logistics sector. Its strengths include:

• A nationwide network of terminals
• A large fleet of rolling stock (trains and containers)

These will help the company offer efficient, reliable, and cost-effective services at the Bhavnagar terminal.

CONCOR Share Price Performance

While CONCOR share price has seen some ups and downs in the market, its 5-year return stands at +76.75%, showing long-term strength. However, the 1-year return is down by 29.02%, possibly due to broader market conditions.

Read more: Netweb Share Price Rose 3.6%, Hit ₹2,780 Intraday High on Sep 5.

Conclusion

CONCOR’s move into port operations through this MoU with BPIPL is a big step in its growth journey. With its experience in logistics and the strategic location of Bhavnagar Port, this partnership is likely to create new opportunities and improve the movement of goods in key regions of India. As the project progresses, it may become a vital link in India’s supply chain.

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