NYK Line and the Container Corporation of India Ltd (CONCOR) are to start a rail service for containerised auto transport in a 50:50 joint venture, said an NYK press statement.
Trial rail services will be started from Delhi and Chennai. New services will later be started from three other major centres in the north, south and western India.
The rail service will move nearly 45 containers at a time. One container would be able to hold five to six small cars or four medium-size cars.
While automobiles will initially be loaded into containers, the service would switch to auto racks later.
NYK and CONCOR hope to use the service to cater to automobile manufacturers who will venture and establish base in India by 2010 to capitalise on the automobile boom witnessed in the domestic market in recent years.
NYK has already been operating a truck service for automobile transportation service since in India since 2004.
Tokyo based NYK Line is a leading global transportation company with regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and Sao Paulo.
It employs 55,000 people worldwide and earned nearly US$24 billion in revenue in 2008. It was reported to be operating 779 major ocean vessels, as well as fleets of planes, trains, and trucks at the end of March 2009.
Trial rail services will be started from Delhi and Chennai. New services will later be started from three other major centres in the north, south and western India.
The rail service will move nearly 45 containers at a time. One container would be able to hold five to six small cars or four medium-size cars.
While automobiles will initially be loaded into containers, the service would switch to auto racks later.
NYK and CONCOR hope to use the service to cater to automobile manufacturers who will venture and establish base in India by 2010 to capitalise on the automobile boom witnessed in the domestic market in recent years.
NYK has already been operating a truck service for automobile transportation service since in India since 2004.
Tokyo based NYK Line is a leading global transportation company with regional headquarters in London, New York, Singapore, Hong Kong, Shanghai, Sydney, and Sao Paulo.
It employs 55,000 people worldwide and earned nearly US$24 billion in revenue in 2008. It was reported to be operating 779 major ocean vessels, as well as fleets of planes, trains, and trucks at the end of March 2009.