PSA Mumbai and Container Corporation of India Limited (CONCOR) signed a Memorandum of Understanding (MOU) to collaborate strategically on the rail-based movement of cargo. Present at the signing held at CONCOR on 15 may were PSA International Regional CEO Middle East South Asia, Africa & Türkiye Vincent Ng and CONCOR Chairman & Managing Director Sanjay Swarup, along with senior officials from CONCOR and PSA.

The MOU aims to leverage the infrastructure and operational strengths of both organisations to enhance seamless connectivity between PSA Mumbai and CONCOR’s market-leading network of more than 68 Inland Container Depots (ICDs) and domestic terminals across India.

Key objectives of the collaboration between the two parties include facilitating movement of domestic/cabotage/customs-cleared containers through rail-based services and operating scheduled container train services between PSA Mumbai and CONCOR terminals, subject to operational feasibility and regulatory approvals.

The arrangement is expected to strengthen multimodal logistics connectivity and support efficient cargo movement between ports and hinterland locations across India – reducing road congestion, improving turnaround time, and ensuring cost-efficient and greener cargo movements.