Dedicated freight corridors Can Add Rs 160 Bn to India's GDP
PORTS & SHIPPING

Dedicated freight corridors Can Add Rs 160 Bn to India's GDP

In a recent study conducted by the University of New South Wales (UNSW) in Australia, India’s Dedicated Freight Corridors (DFCs) are projected to boost the country’s GDP by Rs 160 billion. 

The findings, shared by the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), highlight the transformative economic impact of the corridors, particularly the Western Dedicated Freight Corridor (WDFC). 
The operationalisation of the WDFC has significantly reduced freight costs and travel times, leading to commodity price reductions of up to 0.5 per cent, DFCCIL reported. 

Furthermore, the study indicates that DFCs have contributed to 2.94 % of the revenue growth achieved by Indian Railways between the fiscal years 2018–19 and 2022–23, with over 10 % of India’s rail freight now managed through DFC routes. The DFC network, spanning 2,843 km and passing through 56 districts across seven states, is nearing completion at 96.4 % as of October 2024. 

The Eastern DFC (EDFC), stretching 1,337 km from Ludhiana to Sonnagar, is fully operational, while the WDFC, covering 1,506 km from Dadri to Mumbai, is 93.2 % complete. 

These corridors connect key industrial hubs, including coal mines, thermal power plants, cement factories, and large ports such as Mundra, Kandla, Pipavav, and Hazira. 

In a recent study conducted by the University of New South Wales (UNSW) in Australia, India’s Dedicated Freight Corridors (DFCs) are projected to boost the country’s GDP by Rs 160 billion. The findings, shared by the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), highlight the transformative economic impact of the corridors, particularly the Western Dedicated Freight Corridor (WDFC). The operationalisation of the WDFC has significantly reduced freight costs and travel times, leading to commodity price reductions of up to 0.5 per cent, DFCCIL reported. Furthermore, the study indicates that DFCs have contributed to 2.94 % of the revenue growth achieved by Indian Railways between the fiscal years 2018–19 and 2022–23, with over 10 % of India’s rail freight now managed through DFC routes. The DFC network, spanning 2,843 km and passing through 56 districts across seven states, is nearing completion at 96.4 % as of October 2024. The Eastern DFC (EDFC), stretching 1,337 km from Ludhiana to Sonnagar, is fully operational, while the WDFC, covering 1,506 km from Dadri to Mumbai, is 93.2 % complete. These corridors connect key industrial hubs, including coal mines, thermal power plants, cement factories, and large ports such as Mundra, Kandla, Pipavav, and Hazira. 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code