Indian Railways Sets Target To Triple Its Freight Traffic To 3 Billion Tonne By 2030

Indian Railways Sets Target To Triple Its Freight Traffic To 3 Billion Tonne By 2030

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Date Of Post: 03 Jan, 2018

New Delhi: The Railways has set a target to triple its freight traffic to 3 billion tonne by 2030, said Union Railway Minister Piyush Goyal. The railways was looking to come out with a “reciprocation” strategy on bidding for major projects, he said.

More Information:

  • Goyal said, under the strategy, companies from only those countries which allow Indian firms to bid for their development projects would be allowed to participate in similar projects in India.
  • The minister said,”As we are taking steps to become a USD 10 trillion economy, we want to increase the share of railways freight traffic to 3 billion tonne from the current 1.1 billion tonne.”
  • The plan was to increase the railways’ share in the overall goods movement to 50% from the current share of around 35%, Goyal said.

    Image Credit: RailAnalysis India

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