May 9, 2023
Demand increasing but loooooong way to go for DFCs
Indian Railways recorded freight loading of 1,512 million tonnes in the financial year 2022-2023, an increase of 7% from the previous year with net tonne kilometres (NTKMs) increasing 10% to 903 billion NTKMs.
DP World launched a new double-stack freight train facility recently to improve efficiencies and connectivity between its inland terminal at Ahmedabad and the Mundra port. The maiden train was flagged off from Mundra with a full payload.
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More dedicated capacity, timeliness of freight movement and speed to market will help exporters plan shipments better and reduce logistics costs: Akshyat Bhatia, Maersk South Asia
When average speed increases to 50 kmph, rail freight share can go up to 45% with 30% savings on cost. This could be a high magnitude stimulus towards growth and productivity: Vivek Lohia, Jupiter Wagons
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