Concor's '45/90' free storage offer not a market disruptor, say competitors

With the dollar fluctuating so rapidly, customers are not ready to store cargo for long, an industry insider said

Many believe it is the Jio moment in the container logistic business with market leader Container Corporation of India (Concor) announcing what it calls a 45/90 model.
 
The railways subsidiary on September 1 came out with an aggressive marketing offer that gives 45-day free storage to its customers. Almost a month into the new scheme, the company hopes that the move will be a catalyst so far as its plan to double turnover from Rs61.67 billion in 2017-18 to Rs120 billion by 2021 goes.
 
“We want to ensure ease of doing business for all our consumers. With this,