CENTRAL WAREHOUSING CORPORATION

CENTRAL WAREHOUSING CORPORATION (CWC)

Jan Vishwas (Amendment of Provisions) Act, 2023

Central Warehousing Corporation (CWC), a Schedule ‘A’-Mini Ratna, Category – 1 Central Public Sector Enterprise (CPSE) is a statutory body which was established under ‘The Warehousing Corporations Act, 1962’. Its aim is to provide reliable, cost-effective, value-added, integrated warehousing and logistics solution in a socially responsible and environment friendly manner.

The authorized capital and total paid up capital of CWC are Rs.100 Cr. and Rs.68.02 Cr respectively. The turnover for the year 2020-21 is Rs.2168.13 crore as compared to Rs. 1727.63 Crore in the previous year i.e. Rs. 440.50 crore (increase of 25.5%). Profit Before Tax for the year 2020-21 is Rs. 565.55 crore as against Rs. 409.67 crore in the previous year i.e. increase of 38.05%. The Profit after Tax for the year 2020-21 is Rs. 438.17 crore as against Rs. 372.32 Crore in the previous year.

Corporation has paid total Dividend of Rs. 227.24 crore during the year 2020-21 consisting of Rs. 111.68 Crore for the year 2019-20 as approved by the shareholders in AGM held on 28.09.2020 and interim dividend of Rs. 115.56 crore during the financial year 2020-21 as approved by the Board.

As a premier Warehousing Agency, CWC was operating 424 warehouses as on 28.02.2022 with a total operational storage capacity of 101.52 lakh MT including 39 Custom Bonded Warehouses, 21 Container Freight Stations (CFSs)/ Inland Clearance Depots (ICDs), 2 Air Cargo Complexes (ACCs) and 1 Temperature Controlled Warehouses, 2 Integrated Check Posts (ICPs). CWC also provides services in the area of clearing & forwarding, handling & transportation, disinfestation, fumigation etc. It also offers consultancy services/ training to different agencies for construction of warehousing infrastructure.

CWC has 19 State Warehousing Corporations (SWCs) as its associates. Central Warehousing Corporation is 50% shareholder in the equity capital of the SWCs. The total investment of CWC in SWCs is Rs. 61.79 Crore. As on 28.02.2022, the SWCs were operating 2213 warehouses with a total storage capacity of 491.86 lakh MT (including 31.80 lakh MT management capacity).

For more details visit :-

(a) Website :- www.cewacor.nic.in

(b) Twitter :- https://twitter.com/cwc_warehouse

(d) Koo :- https://www.kooapp.com/profile/CWC

(e) You Tube :- https://www.youtube.com/channel/UC_oAw2M_cL_-NWUt3GV4FVQ

For more information, please visit website of CWC at http://cewacor.nic.in

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Public Sector Enterprises