The government will soon invite expressions of interest (EoI) or preliminary bids for the privatization of Container Corporation of India (Concor). Concor's offer document is as good as complete must get permission from the 'Alternative Mechanism', which is in fact a group of important cabinet ministers. “The Memorandum of Preliminary Information with invitation express Interest in Concor will be released as soon as possible. If approved, it must be released month, according to an official statement.

Of the 54.80% government shares, the cabinet approved the strategic sale of a 30.8% share in Concor in November 2019 together with administrative control. After the sale, the government will still owns a share of 24%, but without voting rights. However, the sale of shares was temporarily on hold investors sought information on the train yard's rental strategy and licensing costs. A revised policy that enables the long-term lease of railway land for freight-related activities for up to 35 years at a tariff of 1.5% of the market value of the land per year was approved by the Union cabinet in September.

Once the strategic sale of Concor is completed, financial offers from potential investors will begin come in for the following fiscal year. Concor, a Navratna PSU under the Ministry of Railways, specializes in container transport and logistics. As of March 2022, it had 61 container terminals and 1,359 Staff members. The government launched roadshows in October last year for Concor to determine investor interest.