KCT Group steps into container manufacturing
With the scheduled launch on April 4 of what is touted to be India's largest container manufacturing unit, Karam Chand Thapar & Bros (Coal Sales) [KCT] is all set its feet firmly on the container logistics sector. Spearheading the move is the company's wholly-owned subsidiary, Indicon Logistics (Indicon), which has set up the state-of-the-art box manufacturing facility in Ranchi, Jharkhand at an estimated cost of Rs 400 million. Initially it has a capacity of manufacturing 750 TEUs per month. The facility is said to be a first of its kind, and in terms of installed capacity it is India's largest container manufacturing unit with a built-in flexibility to produce all types of containers, including standard ISO boxes and containers for specialized applications like bunk houses, tank containers, refrigerated containers as well as custom-built containers. Aiming to become the technology leader in the container manufacture segment.