Indian Railways' September Freight Loading Rises 6.1% As Revenue Grows 9.3%
Cumulative freight loading during April-September rose 4.1% year-on-year to 833.7 million tonnes. Freight revenue during the first half of the current financial year grew 3.7%, the ministry said.
Strong September growthSeveral major commodity segments recorded strong growth in September. Foodgrain loading rose 25%, followed by clinker at 20%, domestic containers at 10%, coal at 9%, other goods at 8.2%, mineral oil at 6%, finished steel at 5.5% and iron ore at 5.2%.
Also Read | Why Indian Railways is betting on new PPP models?Indian Railways also stepped up coal supplies to power plants during the month. The average number of coal rakes supplied per day rose 11.6% to 443 in September, from 397 a day a year earlier.
Freight revenue in September increased by ₹1,266 crore, or 9.3%, from the year-ago period.
The increase in freight movement comes as Indian Railways seeks to expand its share of India's logistics market by improving last-mile connectivity and adding capacity for industrial cargo. Its share has fallen below 30%, and the national transporter aims to raise it to more than 45% over the next few years. The ministry attributed the latest growth to demand from sectors such as coal, steel and fertilisers, among other commodities.
Also Read | Railways taps new private investment models to unlock ₹2.62 trillion pipelineRailways is counting on freight growth to bolster its revenue. For the current financial year, it aims to increase freight loading to 1,765 million tonnes, from an estimated 1,670-1,700 million tonnes in fiscal year 2026 (FY26). At the targeted level, freight revenue is projected to rise to ₹1.88 trillion, from about ₹1.78 trillion in FY26.
Also Read | Railways weighs bigger role for states, local bodies to expedite projects Legal Disclaimer:
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