Indian Railways hits record 1512 MT freight loading in FY 2022-23
RAILWAYS & METRO RAIL

Indian Railways hits record 1512 MT freight loading in FY 2022-23

The Indian Railways marked a significant accomplishment by attaining the highest-ever freight loading in history. This stands as one of the most notable achievements for the national transporter since gaining independence. In the fiscal year 2022-23, a freight loading of 1512 Metric Tonnes (MT) was recorded, showcasing an incremental increase of 94 MT from the previous fiscal year, FY 2021-22, during which the railways achieved a freight loading of 1418 MT.

A retrospective examination of freight loading over the past six financial years reveals a consistent upward trajectory. In FY 2017-18, the national transporter achieved a freight loading of 1161 MT, followed by 1223 MT in FY 2018-19, 1210 MT in FY 2019-20, 1233 MT in FY 2020-21, 1418 MT in FY 2021-22, and culminating in the highest recorded figure of 1512 MT in the preceding fiscal year. Consequently, the railways experienced a growth streak spanning 31 consecutive months of the best-ever monthly freight loading, a trend that commenced in September 2020.

The exceptional performance in freight loading can be attributed to various factors. Notably, one key factor was the sustained efforts of Indian Railways in the supply of coal to powerhouses throughout the country. This endeavour was carried out in close coordination with the Ministry of Power and Coal. In the last financial year, the loading of coal exhibited a substantial growth of 84 MT compared to FY 2021-22.

The Indian Railways marked a significant accomplishment by attaining the highest-ever freight loading in history. This stands as one of the most notable achievements for the national transporter since gaining independence. In the fiscal year 2022-23, a freight loading of 1512 Metric Tonnes (MT) was recorded, showcasing an incremental increase of 94 MT from the previous fiscal year, FY 2021-22, during which the railways achieved a freight loading of 1418 MT. A retrospective examination of freight loading over the past six financial years reveals a consistent upward trajectory. In FY 2017-18, the national transporter achieved a freight loading of 1161 MT, followed by 1223 MT in FY 2018-19, 1210 MT in FY 2019-20, 1233 MT in FY 2020-21, 1418 MT in FY 2021-22, and culminating in the highest recorded figure of 1512 MT in the preceding fiscal year. Consequently, the railways experienced a growth streak spanning 31 consecutive months of the best-ever monthly freight loading, a trend that commenced in September 2020. The exceptional performance in freight loading can be attributed to various factors. Notably, one key factor was the sustained efforts of Indian Railways in the supply of coal to powerhouses throughout the country. This endeavour was carried out in close coordination with the Ministry of Power and Coal. In the last financial year, the loading of coal exhibited a substantial growth of 84 MT compared to FY 2021-22.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement