Navkar Secures Somathane Gati Shakti Cargo Terminal Mandate from Central Railway

Under SEBI’s disclosure norms, Navkar Corporation informed exchanges that it received the Letter of Acceptance on 18 December 2025 at 12:56 p.m. for the “Contract for Development of Gati Shakti Multi-Modal Cargo Terminal” at Somathane, fully on railway land, under the GCT policy. The agreement with Central Railway’s Mumbai Division will define detailed terms and operational conditions.​

The company believes the additional GCT at Somathane will significantly enhance its integrated cargo handling capabilities and expand its strategic presence in the Mumbai–Navi Mumbai belt. Navkar expects the terminal to improve service offerings for customers and deepen its role in the government’s Gati Shakti-driven multimodal logistics network.​

Key highlights

Awarding authority: Central Railway, Divisional Office, Commercial Department, CSMT Mumbai.​

Project: Development of Gati Shakti Multi-Modal Cargo Terminal at Somathane, entirely on railway land.​

Order nature: Domestic contract under GCT policy with Central Railway Mumbai Division.​

Consideration: Approx. Rs 63.21 crore (may vary as per agreement).​

Execution timeline: Construction to start within 3 months of construction approval and finish within 18 months of such approval.​

Concession: Railway land to be licensed for a period of 35 years.​

Strategic impact: Strengthens Navkar’s logistics infrastructure and regional presence while aligning with national multimodal logistics initiatives.​

Sources: Navkar Corporation Ltd regarding Gati Shakti Multi-Modal Cargo Terminal at Somathane.