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CENTRAL WAREHOUSING CORPORATION (CWC)

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 areRs.100 Cr. and Rs.68.02 Crrespectively. The turnover for the year 2020-21 is Rs.2167.84 crore as compared to Rs. 1727.63 Crore in the previous year i.e. Rs. 440.21 crore (increase of 25.48%). Profit Before Tax for the year 2020-21 is Rs. 571.88 crore as against Rs. 409.67 crore in the previous year i.e. increase of 39.59%. The Profit after Tax for the year 2020-21 is Rs. 443.08 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 year2019-20as 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 operating422warehouses as on31.05.2021with a total operational storage capacity of146.80 lakh MT (revised approximately) and including management capacity of 7.12 lakh MT, includes 39Custom Bonded Warehouses,25Container Freight Stations (CFSs)/ Inland Clearance Depots (ICDs),2Air Cargo Complexes (ACCs) and1Temperature 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 on31.05.2021, the SWCs were operating2202 warehouses with a total storage capacity of488.78 lakhMT (including 33.90 lakh MT management capacity).


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



CENTRAL RAILSIDE WAREHOUSE COMPANY LIMITED (CRWC)

Central Railside Warehouse Company Limited (CRWC) a Mini-Ratna, Category-II, Public Sector Enterprise was incorporatedon 10.07.2007under the Companies Act, 1956.

The authorized and paid up share capital of CRWC is Rs.150 Cr. and Rs 40.56 Cr respectively. The entire paid up share capital is presently being held by Central Warehousing Corporation.During FY 2019-20, the turnover of CRWC was Rs.82.55 crore. Its Profit before Tax wasRs.19.39 croreand Profit after Tax was Rs.16.32 crore.During the same year, Final Dividend@ 30% of profit after tax i.e. 12.07%of the paid up share capital amounting toRs.4.89 crore was declared.

Further, for FY 2020-21, CRWC has paid interim dividend of Rs.7.50 Crore to Central Warehousing Corporation which is 18.49% of paid up share capital.


CRWC has20Railside Warehouse Complexes (RWCs) with a total storage capacity of3,54,967MTand is providing efficient rail based total logistics solution, leveraging economy of scale to the advantage of all stakeholders.

CRWC aims to develop dedicated rail handling facilities (adjoining rail sidings) giving a boost to rail freight and in facilitating logistics requirement of its customers. Its objective is to promote the business of multi-modal transport operations and aggregation/disaggregation of cargo for both domestic and impex movement.


CRWC has been providing integrated warehouse management and related logistic services, thereby, increasing overall efficiency, cost optimization, prevention of damages/pilferage, reduction in detention time of rakes and improved quality of service all under one roof.


For more information, please visit website of CRWC at https://www.crwc.in/en/?q=en