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Transport Corporation of India share price today (on 1 October 2023).
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Live Chart Transport Corporation of India
BSE: 532349 | NSE: TCI | ISIN: INE688A01022Market Cap: [Rs.Cr.] 425 | Face Value: [Rs.] 2
Industry: Miscellaneous
Transport Corporation of India(TCI) was set up in 1958 with one objective,to professionalise the cargo transportation industry in India. Today the Rs. 850 crore,TCI group is India's largest integrated logistics serivce provider,serving 3000 destinations.TCI has the country's widest branch network of over 1000 company-owned offices and a team of over 4000 trained employees.TCI was the first to launch several solutions in the logistics field. It is the largest surface transport company of Asia. TCI became the first road transport organization in the Country to achieve ISO 9002 for service quality for its operations. It handles over 4 million tons of cargo annually.It operates a mammoth fleet of over 3000 trucks moving 15000 consignments daily.
By inducting Volvo Vehicles for its Transport Division it is aiming to give the customer the added advantage of carrying large quantities and volumetric cargo safely and quickly,bringing about economies in operations. The Logistics Division have acquired many contracts in 2001.The offices are equipped with modern sophiticated communication equipment to facilitate thorough tracing of cargo. The company had invested around Rs. 40 million on computer hardware & software during 2001. It has also invested in VSAT and leased line network to ensure real time data and information flow.
TCI's joint venture with Mitsui & Co of Japan was established as Transystem Logistics International Pvt Ltd in 1999 to provide complete automobile logistics services to Toyota Kirloskar Motors in India.The company had invested Rs. 39.20 million and has been tremendous returns in terms of implementation and learning of global logistics systems in India. During the financial year 2004-05,the company has successfully commissioned another Wind Power Project with a capacity of 2.5 MW in the state of Rajasthan.This has caused an increase of installed capacity to 5 MW.
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