Railways Constructing Dedicated Freight Corridors to Cut Logistics Time and Cost of Industry

Railways Constructing Dedicated Freight Corridors to Cut Logistics Time and Cost of Industry

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Date of Post: 22 Nov, 2018

New Delhi: The railways ministry is working on several projects including construction of dedicated freight corridors to cut logistics time and cost of industry, speaking at the CILT Expo 2018, Railway Board Chairman Ashwani Lohani said. Indian logistics industry is estimated at around USD 215 billion, which is growing at over 10% annually.

More Information:

  • He said, to improve efficiency, the ministry is working on bridging infrastructure gap, doubling rail tracks, electrification of tracks, and construction of separate corridors for freight.
  • Indian Railways is looking to increase track-related work to 9,000 km this fiscal and 12,000 km in 2019-20, as compared to 5,300 km carried out in 2016-17, Lohani said.
  • Lohani said,”We are on our track to do this work.”
  • The work on eastern and western freight corridors would be completed by March 2020; and electrification of entire railways would be done by 2022, he added.
  • Talking about railway station development programme, he said work on Gandhinagar and Bhopal stations would be over in the next 2-3 months.
  • To improve service delivery, Lohani said the ministry is looking at simplifying processes and making it more consumer friendly.
  • He added,”We are working on three components — cultural transformation, large-scale process reforms, and changing the structure of organisation.”

To know more about recent developments of Railways–

20 Nov, 2018: Indian Railways planning to build 3,000 km of walls to fence its tracks

17 Nov, 2018: Indian Railways Station Development Corporation (IRSDC) makes a swift progress in developing Surat Railway Station as Multi Model Transport Hub

15 Nov, 2018: Indian Railways to Export First State-of-the-art Modern DEMU Train Rake to Sri Lanka in a Week


Author:

Narinder Sharma is a part of the content team of Rail Analysis India as a writer and marketing executive.
His interest is in the Railways , Metro and Transportation Sector of India .
Please reach us at editor@railanalysis.com for more information .


 

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