SWR partners with JSW for seven rake operation

20 Oct 2023 CW Team

South Western Railway (SWR) and JSW Minerals Rail Logistics had entered into an agreement under the General Purpose Wagon Investment Scheme (GPWIS) for the operation of seven specialised hopper wagons to load and unload iron ore.

SWR stated that the scheme of Indian Railways allowed the freight customer to invest in leasing wagons and offered a rebate on freight, thus incentivising transportation of bulk cargo by rail. In the long term, policies like GPWIS, by facilitating a shift from road to rail, had the potential to strengthen the supply chain for the core sector industries in the country and reduce logistics costs.

It was noted that this agreement marked a first for SWR. The rake had been manufactured by Titagarh Rail System in Kolkata, and the first rake was expected to be operative from April 2024. JSW Minerals Rail Logistics was investing Rs 290.5 million per rake. A 10% rebate on base freight was granted to the customer for every booking. The agreement had been signed by A Sundar, Chief Commercial Manager/Freight Marketing, SWR, and Sushil Nowal, Executive Vice-President (Planning and Logistics), JSW, in the presence of SWR principal officials such as Satya Prakash Shastri, Aravinda Herle G, and JSW Logistics General Manager Manmohan Shetty.

Infrastructure Transport

12 Dec 2025

Railways Boosts Cyber Security And Fairness In Ticket Bookings

Indian Railways has said its reservation ticketing system is a robust and highly secure IT platform equipped with state-of-the-art cyber security measures. The national transporter has introduced several initiatives to enhance system performance and improve access to regular and tatkal tickets. A key step has been the large-scale revalidation and verification of user accounts. Since January 2025, around 30.2 million suspicious user IDs have been deactivated. Anti-bot tools such as Akamai have been deployed to filter non-genuine users, ensuring smoother booking for legitimate passengers. To c..

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

Action Construction Equipment (ACE), the world’s largest Pick-n-Carry crane maker and a leading manufacturer of material handling and construction equipment in India, has entered into a Memorandum of Understanding with Kotak Mahindra Bank to enhance the availability of flexible financing options for backhoe loader customers across the country.The collaboration aims to support contractors, infrastructure companies, entrepreneurs, SMEs, and emerging businesses by offering smoother access to credit through customised loan schemes, quicker turnaround times, and the extensive footprint of Kotak M..