**Executive Summary**
The Central Warehousing Corporation (CWC) celebrated its 70th Foundation Day on March 2, 2026. Union Minister Shri Pralhad Joshi inaugurated the event and commended CWC's significant contribution to India's food security and logistics development. The Minister encouraged CWC to become a Maharatna enterprise and play a pivotal role in advancing India's global logistics ranking.
**Key Points / Main Content**
* **CWC's 70th Foundation Day:**
* Celebrated on March 2, 2026, in New Delhi.
* Inaugurated by Union Minister for Consumer Affairs, Food & Public Distribution, Shri Pralhad Joshi.
* Attended by Minister of State Shri B. L. Verma, senior ministry officials, and CWC officers and employees.
* **Contributions and Achievements:**
* CWC has completed 70 years of service to the nation.
* Significant contribution to strengthening India's food security framework, warehousing infrastructure, and logistics development.
* Emerged as one of the country's premier logistics organizations, expanding beyond warehousing activities.
* Achieved highest-ever turnover of ₹2,776.88 crore and Profit Before Tax (PBT) of ₹711.60 crore in FY 2024–25.
* Proposed and paid a dividend of ₹160.10 crore for the year.
* **Future Outlook and Goals:**
* Encouraged to strive towards becoming a Maharatna enterprise.
* Encouraged to play a pivotal role in propelling India into the top 25 global logistics performers.
* Focus on infrastructure augmentation, digital transformation, operational efficiency, and expansion of integrated logistics services.
* Confidence expressed in achieving highest-ever revenue and profit in FY 2025–26.
* Commitment reaffirmed to providing efficient, technology-driven, and customer-centric services.
* **Organizational Transformation:**
* A proposal will be made to transform CWC into a company with the approval of the Prime Minister.
**Impact Analysis**
* **Central Warehousing Corporation (CWC)**
* **Impact:** Celebrates a significant milestone, receives commendation for its contributions, and is encouraged to pursue ambitious growth targets, including transformation into a company. Performance in FY 2024-25 exceeded previous records.
* **Action Required:** Continue focusing on infrastructure, digital transformation, operational efficiency, and integrated logistics services. Prepare for potential transformation into a company.
* **India's Logistics Sector and Food Security**
* **Impact:** CWC's contributions have strengthened the warehousing infrastructure, logistics development, and food security framework. Future growth is expected to further enhance these areas and improve India's global logistics ranking.
* **Action Required:** Stakeholders within the logistics and food security sectors can expect continued development and improved services from CWC.
* **Ministry of Consumer Affairs, Food & Public Distribution**
* **Impact:** Oversees CWC's achievements and future plans, with the Union Minister actively involved in commending and guiding the organization.
* **Action Required:** Continue to support CWC's strategic initiatives, including its potential transformation into a company.
Key Entities Referenced
Central Warehousing Corporation (CWC): The primary subject of the policy, a central public sector enterprise involved in warehousing and logistics.
Shri Pralhad Joshi: Union Minister for Consumer Affairs, Food & Public Distribution, who inaugurated the event and commended CWC's contribution.
Ministry of Consumer Affairs, Food & Public Distribution: The ministry under which the Central Warehousing Corporation operates.
New Delhi: The location where the 70th Foundation Day celebrations were held.
Ministry of Consumer Affairs, Food & Public Distribution
Central Warehousing Corporation Celebrates its
70th Foundation Day
Union Minister Shri Pralhad Joshi Commends CWC’s
Contribution to India's Food Security and Logistics Development
on its 70th Foundation Day
Posted On: 02 MAR 2026 7:25PM by PIB Delhi
Union Minister for Consumer Affairs, Food & Public Distribution, Shri Pralhad Joshi, inaugurated the
70th Foundation Day of Central Warehousing Corporation and congratulated the Central Warehousing
Corporation (CWC) on completing 70 years of service to the nation and lauded its significant contribution
towards strengthening India’s food security framework, warehousing infrastructure and logistics
development. Addressing the 70th Foundation Day celebrations in New Delhi, the Minister encouraged
the organisation to strive towards becoming a Maharatna enterprise and to play a pivotal role in propelling
India into the ranks of the top 25 global logistics performers.Shri Joshi also said that the Central Warehousing Corporation has emerged as one of the country’s premier
logistics organisations and is no longer confined to warehousing activities alone. He noted that CWC has
significantly expanded its role across the logistics sector and informed that, with the approval of the Prime
Minister, a proposal will be made to transform it into a company.
The Central Warehousing Corporation (CWC), a Central Public Sector Enterprise under the Ministry of
Consumer Affairs, Food & Public Distribution, celebrated its 70th Foundation Day on March 2, 2026 at
Bharat Mandapam, New Delhi. The event was attended by Minister of State Shri B. L. Verma, senior
officials of the Ministry, and officers and employees of CWC.
On this occasion, Shri Santosh Sinha, Managing Director, CWC, presented an overview of the
Corporation’s performance for FY 2024–25. He informed that CWC achieved its highest-ever turnover of
₹2,776.88 crore and Profit Before Tax (PBT) of ₹711.60 crore during FY 2024–25, compared to
₹2,303.81 crore turnover and ₹590.36 crore PBT in FY 2023–24. A dividend of ₹160.10 crore has been
proposed and paid for the year.
Highlighting future growth prospects, the Managing Director stated that the Corporation continues to
focus on infrastructure augmentation, digital transformation, operational efficiency and expansion of
integrated logistics services to strengthen supply chains and contribute towards reduction in logisticscosts. He further expressed confidence that CWC is poised to achieve its highest-ever revenue and profit
in FY 2025–26, reflecting strong operational performance and sustained growth momentum.
The event marked seven decades of CWC’s contribution to India’s warehousing and logistics ecosystem
and reaffirmed the Corporation’s commitment to providing efficient, technology-driven and customer-
centric services in support of national food security and logistics efficiency.
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