With the aim to boost up Indian export in the global market, the Commerce Ministry has solicited the Container Corporation of India (Concor) to slash their rates. This will reduce the cost of transaction for exporters.
The Concor has the monopoly in market for export purposes, which has maneuverd them to keep a colossal profit. With the decision taken by Ministry of Commerce, the charges for the container will be reduced to a reasonable rate.
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