SCILAL

Shipping Corporation of India Land & Assets Ltd was incorporated in 2021 as a wholly owned subsidiary of The Shipping Corporation of India Limited (SCI). The company was established to hold and manage the non-core assets of SCI separately from the disinvestment process of its parent company. It operates primarily in India, focusing on the commercial exploitation, management, and disposal of a portfolio of land and immovable properties. While its current business segments include real estate and asset management, the company is also in a transition phase toward offering maritime training services. The company was formed as part of SCI's strategic approach to unlock value from its non-core assets.