India’s warehousing giant has completed seven decades of service. The Central Warehousing Corporation (CWC) celebrated its 70th Foundation Day on March 2, 2026, in New Delhi. Union Minister Shri Pralhad Joshi praised CWC for strengthening India’s food security and logistics system. The event highlighted record financial performance in FY 2024-25. And also laid future plans for expansion, digital transformation and possible restructuring of CWC into a company with larger operational scope.
Central Warehousing Corporation 70th Foundation Day: Major Announcement
The Central Warehousing Corporation (CWC) celebrated its 70th Foundation Day at Bharat Mandapam, New Delhi.
- The event was inaugurated by Union Minister Shri Pralhad Joshi.
- Minister of State Shri B. L. Verma and senior officials attended.
- The Minister praised CWC’s role in food security and logistics development.
- He encouraged CWC to aim for Maharatna status in future.
- A proposal may be made to transform CWC into a company with Prime Minister’s approval.
The 70th Foundation Day highlighted CWC’s transformation beyond traditional warehousing.
CWC’s Role in India’s Food Security and Logistics Development
- Central Warehousing Corporation is a Central Public Sector Enterprise.
- It operates under the Ministry of Consumer Affairs, Food & Public Distribution.
- CWC plays a critical role in India’s food security framework.
- It provides scientific storage for food grains and commodities.
- It has expanded into integrated logistics services.
- CWC supports supply chain efficiency across the country.
- CWC has evolved into one of India’s leading logistics organizations over 70 years.
Record Financial Performance of Central Warehousing Corporation
CWC achieved its highest-ever turnover of ₹2,776.88 crore in FY 2024-25.
- Profit Before Tax (PBT) reached ₹711.60 crore.
- In FY 2023-24, turnover was ₹2,303.81 crore.
- PBT in FY 2023-24 was ₹590.36 crore.
- A dividend of ₹160.10 crore has been proposed and paid.
- Strong operational performance reflects steady growth.
The financial performance shows robust expansion of the Central Warehousing Corporation.
What is Central Warehousing Corporation (CWC)?
- The Central Warehousing Corporation (CWC) was established in 1957 as a Central Public Sector Enterprise.
- It operates under the Ministry of Consumer Affairs, Food & Public Distribution.
- CWC provides scientific storage facilities for agricultural produce and other notified commodities.
- Over time, it expanded into logistics, container freight stations, inland clearance depots and supply chain management.
- The corporation plays a key role in supporting procurement operations and maintaining buffer food stocks for national food security.
Question
Q. Central Warehousing Corporation operates under which ministry?
A) Ministry of Agriculture
B) Ministry of Commerce
C) Ministry of Consumer Affairs, Food & Public Distribution
D) Ministry of Finance
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