Revenue from loading freight grew by 17%:Indian Railway
RAILWAYS & METRO RAIL

Revenue from loading freight grew by 17%:Indian Railway

In mission mode, Indian Railways' freight loading and earnings for the first seven months of this fiscal year 2022–23 have surpassed those of the same period previous year.

In comparison to last year's loading of 786.2 MT, a total freight loading of 855.63 MT has been reached from April through October 22, an increase of almost 9%. The railways made Rs c as opposed to Rs 789.21 bn the previous year, a 17% increase.

Originating freight loading was 118.94 MT on October 22 compared to 117.34 MT on October 21, which is an increase of 1.4% over the previous year. Compared to the Rs 123.13 bn in freight profits on October 21, Rs 133.53 bn in freight revenue was realised, an increase of 8% over the previous year.

Following the mantra "Hungry For Cargo," IR has consistently worked to make it easier to do business and to supply services at affordable costs, which has led to an increase in both traditional and non-traditional commodities streams using railways. Railways was able to achieve this historic feat because to the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking.

See also:
Railways to spend Rs 900 bn on optimising freight movement
Indian Railways freight loading forecasts growth


In mission mode, Indian Railways' freight loading and earnings for the first seven months of this fiscal year 2022–23 have surpassed those of the same period previous year. In comparison to last year's loading of 786.2 MT, a total freight loading of 855.63 MT has been reached from April through October 22, an increase of almost 9%. The railways made Rs c as opposed to Rs 789.21 bn the previous year, a 17% increase. Originating freight loading was 118.94 MT on October 22 compared to 117.34 MT on October 21, which is an increase of 1.4% over the previous year. Compared to the Rs 123.13 bn in freight profits on October 21, Rs 133.53 bn in freight revenue was realised, an increase of 8% over the previous year. Following the mantra Hungry For Cargo, IR has consistently worked to make it easier to do business and to supply services at affordable costs, which has led to an increase in both traditional and non-traditional commodities streams using railways. Railways was able to achieve this historic feat because to the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking. See also: Railways to spend Rs 900 bn on optimising freight movementIndian Railways freight loading forecasts growth

Next Story
Infrastructure Urban

TRAI Evaluates Telecom Service in Nine Cities

In December 2024, the Telecom Regulatory Authority of India (TRAI) conducted Independent Drive Tests (IDT) across nine cities, highways, and railway routes, including Aligarh, Bhubaneswar, Jammu, Lucknow, Navi Mumbai, Raipur, Siliguri, Thiruvananthapuram, and the Vapi-Rewari Highway. The tests aimed to assess the quality of voice and data services provided by telecom operators such as Bharti Airtel, BSNL/MTNL, Reliance Jio, and Vodafone Idea using various technologies like 2G, 3G, 4G, and 5G. The drive tests evaluated Key Performance Indicators (KPIs) for both voice and data services, includi..

Next Story
Infrastructure Urban

Kolkata to Host North East Trade & Investment Roadshow

Kolkata is set to host the North East Trade & Investment Roadshow on March 7, 2025, at Hotel JW Marriott, starting at 10:30 a.m. Organized by the Ministry of Development of North Eastern Region (MDoNER) in collaboration with FICCI and Invest India, the event aims to attract investors and promote economic opportunities in the North East. The roadshow will be graced by Dr. Sukanta Majumdar, Minister of State for MDoNER & Education, along with Shri Dharmvir Jha, Statistical Adviser, MDoNER, and senior representatives from all eight North Eastern states. The event will feature presentations on ke..

Next Story
Infrastructure Energy

India’s Rooftop Solar Installations Surge by 86% in 2024

India added 3.2 GW of rooftop solar capacity in 2024, marking an 86% increase from the previous year, according to Mercom India Research’s latest Q4 & Annual 2024 India Rooftop Solar Market Report. The surge was largely fueled by the PM Surya Ghar: Muft Bijli Yojana, with the residential sector accounting for 74% of the total installations. In the wind power sector, NLC India and Adyant Enersol (Datta Infra) secured bids in SJVN’s auction for 600 MW of inter-state transmission system-connected wind projects. NLC India won 200 MW at a tariff of Rs 3.74/kWh, while Adyant Enersol secured 112..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?