+
Railways receive Rs 1204.78 billion from freight loading in Dec 2022
RAILWAYS & METRO RAIL

Railways receive Rs 1204.78 billion from freight loading in Dec 2022

In mission mode, Indian Railways' freight loading and earnings for the first nine months of this fiscal year 2022–23 exceeded those for the same period previous year.

In comparison to last year's loading of 1029.96 MT, a total freight loading of 1109.38 MT was reached between April and December 22, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1204.78 billion as opposed to Rs 1040.40 billion, a 16% increase.

Originating freight loading reached 130.66 MT during the month of December 22, up from 126.8 MT on December 21. This represents an improvement of 3% from the previous year. Rs 145.73 billion in freight income were realised compared to Rs 129.14 billion rupees in freight earnings on December 21, an increase of 13% from the previous year.

Following the mantra "Hungry For Cargo," IR has consistently worked to make it easier to do business and to supply services at affordable pricing, which has led to an increase in both traditional and nontraditional commodity-related traffic on the railways. Railways was able to achieve this historic feat because of the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking.

Also read:
Kollam Junction in Kerala to receive top-notch amenities
Madurai Railway Junction will get Rs 3.47 billion renovation


In mission mode, Indian Railways' freight loading and earnings for the first nine months of this fiscal year 2022–23 exceeded those for the same period previous year. In comparison to last year's loading of 1029.96 MT, a total freight loading of 1109.38 MT was reached between April and December 22, an improvement of 8%. In comparison to the same period last year, the railways made Rs 1204.78 billion as opposed to Rs 1040.40 billion, a 16% increase. Originating freight loading reached 130.66 MT during the month of December 22, up from 126.8 MT on December 21. This represents an improvement of 3% from the previous year. Rs 145.73 billion in freight income were realised compared to Rs 129.14 billion rupees in freight earnings on December 21, an increase of 13% from the previous year. Following the mantra Hungry For Cargo, IR has consistently worked to make it easier to do business and to supply services at affordable pricing, which has led to an increase in both traditional and nontraditional commodity-related traffic on the railways. Railways was able to achieve this historic feat because of the business development units' customer-centric strategy and hard effort, which was supported by agile policymaking. Also read: Kollam Junction in Kerala to receive top-notch amenities Madurai Railway Junction will get Rs 3.47 billion renovation

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?