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 authorised capital and total paid up capital of CWC are Rs. 100 crore and Rs. 68.02 crore respectively. During 2018-19, the turnover of CWC was Rs. 1604.62 crore, its Profit Before Tax was Rs. 225.42 crore and its Profit After Tax was Rs. 163.61 crore. CWC has paid a total dividend of Rs 49.08 crore for the year 2018-19 to its shareholders.
As a premier Warehousing Agency, CWC is operating 415 warehouses as on 31.12.2019 with a total storage capacity of 101.44 lakh MT including 25 Container Freight Stations (CFSs)/ Inland Clearance Depots (ICDs), 3 Air Cargo Complexes (ACCs), 2 Inland Check Posts (ICPs) at Petrapole and Attari and 3 Temperature Controlled Warehouses. Warehousing activities of CWC includes food grain warehouses, industrial warehousing, custom bonded warehouses, container freight stations, inland clearance depots and air cargo complexes.
Apart from storage and handling, CWC also provides services in the area of clearing & forwarding, handling & transportation, disinfestation, fumigation etc.
CWC 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 on 31.12.2019, these SWCs were operating 2055 warehouses with a total storage capacity of 354.85 lakh MT.