CRWC holds its 7th AGM

In its 7th An­nual Gen­eral Meet­ing, Cen­tral Rail­side Ware­hous­ing Co­op­er­a­tion (CRWC) re­vealed its new ini­tia­tives, di­ver­si­fi­ca­tion and ex­pan­sion plan. The company is set to achieve greater heights in the field of lo­gis­tics and ware­hous­ing sec­tor.

Cargo Talk - - Rail Logistics -

Cen­tral Rail­side Ware­house Company (CRWC) has or­gan­ised its an­nual gen­eral meet­ing on Au­gust 22, 2014 at PHD House, New Delhi. The meet­ing was chaired by C.V. Ananda Bose, Chair­man, CRWC who high­lighted the per­for­mance and the achieve­ments of the company.

The company han­dled a record num­ber of 1,25,700 wag­ons at its 18 RWCs in the year 2013-14 and turnover has in­creased to 91.32 crore in the fi­nan­cial year 2013-14 as com­pared to 83.92 crore in the fi­nan­cial year 2012-13.

K.U. Thankachen, Man­ag­ing Di­rec­tor, CRWC in­formed the share­hold­ers about the new ini­tia­tives, di­ver­si­fi­ca­tion and ex­pan­sion plans of the company. “We had ini­ti­ated var­i­ous plans to set up ware­houses and lo­gis­tics parks in as­so­ci­a­tion with other agen­cies such as In­land Wa­ter­ways Au­thor­ity of In­dia (IWAI), In­dian Farmer Fer­tiliser Co­op­er­a­tive (IFFCO), Ded­i­cated Freight Cor­ri­dors (DFC) to name a few, through joint ven­tures and strate­gic al­liances”, he said. He as­sured the share­hold­ers that the company is set to achieve greater heights in the field of lo­gis­tics and ware­hous­ing.

Con­struc­tion of a liq­uid cargo ter­mi­nal at Kolkata and ware­hous­ing fa­cil­ity at Da­hej are on the cards and 10 ad­di­tional ter­mi­nals are also pro­posed to be handed over to CRWC for con­struc­tion of ware­house fa­cil­i­ties with tem­per­a­ture con­trolled stor­age by Rail­ways.

The CRWC Board at the An­nual Gen­eral Meet­ing at the PHD Cham­bers in New Delhi

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