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 are Rs.100 Cr. and Rs.68.02 Cr respectively. During 2019-20, the turnover of CWC was Rs. 1727.63 Cr., its Profit Before Tax was Rs. 409.67 Cr. and its Profit After Tax was Rs. 372.32
Cr. CWC has provisioned for a total dividend of Rs.111.75 Cr. for the year 2019-20to its shareholders, out of which 64.98 Cr has been paid as interim dividend.
As a premier Warehousing Agency, CWC was operating 421 warehouses as on 01.10.2020 with a total operational storage capacity of 100.26 lakh MT (without management capacity) including 41 Custom Bonded Warehouses, 25 Container Freight Stations
(CFSs)/ Inland Clearance Depots (ICDs),2Air Cargo Complexes (ACCs) and 1 Temperature Controlled Warehouses. 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 on01.10.2020,
the SWCs were operating 2290 warehouses with a total storage capacity of 406.82
lakhMT (including 102.99 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 2019-20, the turnover of CRWC was Rs.82.55
crore. Its Profit Before Tax was Rs.19.39 crore and Profit After Tax was Rs.16.32 crore.During the year Final Dividend @ 30% of profit after tax i.e. 12.07% of the paid up share capital amounting to Rs 4.89 crore was declared.
CRWC has 20 Railside Warehouse Complexes (RWCs) with a total storage capacity of 3,54,967MT and 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 multimodal 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