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CONCOR and Dubai’s RHS Group Ink Strategic MoU to Expand Global Shipping Footprint

Updated: July 15, 2025 13:12

Image Source: rhsgroup.com
Container Corporation of India Ltd (CONCOR) has signed a strategic Memorandum of Understanding with Dubai-based Rais Hassan Saadi (RHS) Group to jointly explore overseas shipping and multimodal logistics opportunities. The agreement, signed on July 14, 2025, marks a pivotal step in CONCOR’s internationalization strategy and aims to deliver integrated, cost-effective logistics solutions across borders.
 
Key Highlights:
  • The MoU focuses on enhancing multimodal connectivity and end-to-end logistics services beyond Indian borders.
  • CONCOR will leverage its inland logistics and terminal operations expertise, while RHS Group brings global experience in shipping, freight forwarding, and maritime services.
  • The partnership targets trade corridors linking India with the Middle East, Africa, and Southeast Asia.
Strategic Context:
  • The signing ceremony was attended by CONCOR CMD Sanjay Swarup and RHS Chairman Saadi Al Rais, along with senior officials from both organizations.
  • The collaboration aligns with India’s push for global logistics integration and supports the government’s vision of positioning India as a transshipment and logistics hub.
  • The alliance is expected to facilitate seamless cargo movement, reduce transit times, and improve cost efficiency for exporters and importers.
Market Outlook:
  • Analysts view the MoU as a gateway for CONCOR to tap into international freight markets and diversify revenue streams.
  • The move complements CONCOR’s recent coastal shipping revival and long-term logistics deals with major Indian conglomerates.
Sources: Business Upturn, CONCOR Corporate Filings, Economic Times, RHS Group Press Release (July 2025)

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