Indian Railways achieved a monthly freight loading record of 126.46 MT in April 2023, driven by improvements in service delivery, competitive pricing, and a diverse range of commodities being transported.
Indian-Railways (IR) continues to break records in terms of freight loading, with 126.46 MT of goods loaded in April 2023 alone. This represents an increase of 3.5% over the figures achieved in April 2022, with an incremental loading of 4.25 MT. Furthermore, the freight revenue in April 2023 has increased to Rs 13,893 Cr., which is a 7% growth compared to the same period last year.
| Indian Railways Freight Loading and Revenue in April 2023 |
|---|
| Freight Loaded (in MT) | 126.46 |
|---|---|
| % Increase (YoY) | 3.5% |
| Incremental Loading | 4.25 MT |
| Freight Revenue (in Rs) | 13,893 Cr. |
| % Growth (YoY) | 7% |
Table of Contents
Coal, Iron Ore, and Cement Among the Top Commodities Loaded by IR
Of the total freight loaded in April 2023, coal accounted for 62.39 MT, while iron ore and cement amounted to 14.49 MT and 12.60 MT, respectively. Other goods, containers, steel, food grains, mineral oil, and fertilizers also contributed significantly to the overall freight-loading. This indicates that IR is able to handle a wide variety of commodities efficiently.
Indian Railways Breaks Record with Monthly Freight Loading of 126.46 MT in April 2023
Improvements in Service Delivery and Competitive Pricing Boost Traffic
IR has adopted the “Hungry For Cargo” mantra to sustain its efforts in improving ease of doing business, as well as enhancing service delivery at competitive prices. This has resulted in both conventional and non-conventional commodities being transported by railways, with new traffic being generated. IR’s commitment to quality service has been recognized by its customers, and this has translated into increased revenue.
Conclusion
Indian Railways’ achievement in monthly freight loading in April 2023 is commendable, and it is a testament to the organization’s commitment to excellence in service delivery. By adopting innovative strategies and improving efficiency, IR has been able to attract new traffic and generate revenue growth. As India’s primary mode of freight transportation, Indian-Railways remains vital to the country’s economy, and its continued success is crucial for the nation’s overall growth.
Do Follow us on Facebook and For More Updates Checkout our Website
