MUMBAI: Faced with challenges of declining freight traffic and the
impact of economic downturn, the Konkan Railway Corporation Ltd (KRCL)
is looking at transforming itself into a “complete logistic service
provider” even as it strives to look for new revenue streams in areas of
its expertise — railway engineering and technological innovations.
“The company is striving hard to convert itself into a complete
logistics service provider. This is a sunrise field where I find lots of
revenue is available without much of expenditure, and the profit margin
is very very high. The backbone of Konkan Railway can definitely be
used to exploit logistic advantages which we have got,”
H D Gujrati, Director, Operations and Commercial, KRCL, said in his
address at the 29th Foundation Day celebrations of the Corporation
recently.
Towards this end, Gujrati pointed out, Container Corporation of India
Ltd (CONCOR) has set up a container terminal at Balli in Goa. “Once the
(required) clearance is available, probably export-import traffic will
start moving on that route,” he said.
KRCL’s Roll-on Roll-off (Ro-Ro) service has been extended upto
Karambeli near Vapi in Gujarat on the Western Railway, he informed.
“We are negotiating with the Indian Railways to make it a permanent service,” Gujrati said.
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