+
Indian Railways set for record freight performance
RAILWAYS & METRO RAIL

Indian Railways set for record freight performance

The Indian Railways was reported to be making significant strides towards achieving its best performance in recorded history in various aspects of its operations during the financial year 2023-24.

It was reported that according to preliminary data, on March 15th, 2024, the Indian Railways had surpassed an originating Freight loading of 1500 MT. This surpassed the previous record of the best-ever Freight loading, which was 1512 MT during the fiscal year 2022-23.

In terms of total revenue, the Indian Railways had generated Rs 2.40 trillion as of the current date in the financial year 2023-24. Comparatively, on March 15th of the preceding year, the total revenue stood at Rs 2.23 trillion, showing an increase of Rs 170 trillion. The total expenditure of the Indian Railways for this fiscal year amounted to Rs 2.26 trillion.

The total number of passengers travelled during the financial year 2023-24 was reported to be 6.48 billion, marking an increase of 520 million compared to the corresponding period of the previous year, which had seen 5.96 billion passengers.

During the current financial year, the Indian Railways had laid 5100 Kms of new tracks, resulting in an average daily track laying of more than 14 Kms per day.

The Indian Railways was reported to be making significant strides towards achieving its best performance in recorded history in various aspects of its operations during the financial year 2023-24. It was reported that according to preliminary data, on March 15th, 2024, the Indian Railways had surpassed an originating Freight loading of 1500 MT. This surpassed the previous record of the best-ever Freight loading, which was 1512 MT during the fiscal year 2022-23. In terms of total revenue, the Indian Railways had generated Rs 2.40 trillion as of the current date in the financial year 2023-24. Comparatively, on March 15th of the preceding year, the total revenue stood at Rs 2.23 trillion, showing an increase of Rs 170 trillion. The total expenditure of the Indian Railways for this fiscal year amounted to Rs 2.26 trillion. The total number of passengers travelled during the financial year 2023-24 was reported to be 6.48 billion, marking an increase of 520 million compared to the corresponding period of the previous year, which had seen 5.96 billion passengers. During the current financial year, the Indian Railways had laid 5100 Kms of new tracks, resulting in an average daily track laying of more than 14 Kms per day.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?