
Deals14 Oct 2026, 11:11 am
Navkar Corp Wins ₹48 Cr Gati Shakti Terminal Contract
AI Summary
Navkar Corporation Ltd has secured a significant contract from the Office of the Sr. DCM, Commercial Department, Salem, Southern Railway, Tamil Nadu. The contract is for the construction and operation of a Gati Shakti Multi-Modal Cargo Terminal on railway land at Kulipalaiyam station. The construction is to be completed within 18 months from the approval date or land handover, whichever is later. The railway land will be licensed for 35 years. The approximate value of the contract is ₹48,00,00,000 (₹48 Crore). This development is a major business win for Navkar Corporation, expanding its infrastructure and logistics capabilities.
Key Highlights
- Secured contract for Gati Shakti Multi-Modal Cargo Terminal.
- Contract value approximately ₹48 Crore.
- Construction to be completed within 18 months.
- Railway land licensed for 35 years.
- Awarded by Southern Railway, Salem Division.
Price Impact
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