
Transport Corporation Of India Ltd.
872.50+9.5 (+1.10%)
8 Sep, 12:00 AM
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Transport Corporation Of India Ltd. latest news covering earnings updates, regulatory announcements, analyst actions and market-moving events.
Business Standard
TCI plans to expand coastal shipping capacity by 30-40% over 4-5 years
Transport Corporation of India plans to grow its coastal shipping capacity by 30-40% to 94,000 tonnes of deadweight tonnage over four-five years from about 78,000 tonnes currently, adding 15,000-16,000 tonnes via two new ships ordered from Chinese shipyards for delivery later in FY27 to reach eight ships. The company has earmarked about Rs 200 crore of capex for shipping this year for final payments and may spend more on second-hand or new ships, alongside planned annual capex of Rs 400-500 crore from FY27 to FY30 for trucks, rakes, land and warehouses.
6th Sep '26 1:29 pm
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