CONCOR, RHS Sign MoU for Logistics Solutions

New Delhi, July 15, 2025 – Container Corporation of India Ltd. (CONCOR) has joined hands with Dubai-based Rais Hassan Saadi (RHS) Group through a strategic Memorandum of Understanding (MoU) signed on July 14, 2025. The collaboration aims to explore new opportunities in global shipping and logistics, while also supporting India’s efforts to strengthen its multimodal connectivity and international trade links.

Strategic Alliance to Strengthen Global Footprint

Under the MoU, CONCOR and RHS Group will jointly pursue integrated, seamless, and cost-effective end-to-end logistics solutions. The partnership focuses on enhancing international multimodal connectivity to provide efficient logistics services beyond Indian borders.

The signing ceremony was attended by Shri Sanjay Swarup, Chairman and Managing Director of CONCOR, and Mr. Saadi Al Rais, Chairman of RHS Group, along with senior officials and directors from both organizations.

“This MoU facilitates achieving our aim to provide seamless end-to-end logistics solutions for customers beyond Indian territory,” said Shri Sanjay Swarup, CMD, CONCOR.

Mr. Saadi Al Rais added, “We are pleased to form this alliance with CONCOR and assure the best of our services on behalf of RHS Group.”

Partnership Synergies

• CONCOR’s Strengths: Inland logistics, terminal operations, and domestic supply chain expertise.
• RHS Group’s Role: Global shipping, freight forwarding, and maritime services, bringing international reach and shipping acumen.

This collaboration is expected to bolster trade flows between India and international markets. This is also likely to leverage CONCOR’s logistics infrastructure and RHS’s global maritime network.

Container Corporation of India Stock Performance

Container Corporation of India shares are trading at ₹619 at 3:04 PM IST. This represents a 0.56% gain as of July 15, 2025, at 3:04 PM IST. Container Corporation of India shares have declined 26% over the last year, down 0.71% year-to-date, and gained 1.20% in the previous month.

About Container Corporation of India

Container Corporation of India Ltd. (CONCOR) is one of the country’s leading logistics companies, working under the Ministry of Railways. Recognised as a Navratna PSU, it’s listed on both the NSE and BSE. CONCOR focuses on making freight movement seamless through container transport, terminal operations, and inland logistics services, helping goods move smoothly across India.

About Rais Hassan Saadi

Rais Hassan Saadi (RHS) Group, headquartered in Dubai, is a well-established name in the maritime and logistics space. With decades of experience, the company has built a strong presence in freight forwarding, shipping, and port operations across the Middle East and other global markets.

REF: https://nsearchives.nseindia.com/corporate/CONCOR_15072025130506_CONCOR_SE_15072025.pdf

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