Business

Freight Traffic On Indian Railways’ Dedicated Corridors Doubles In FY 2024

The volume of freight moved on India’s dedicated freight corridors (DFCs) has doubled in the current financial year. According to data from the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL), net tonne kilometres (NTKMs) surged to 62,282 million between April and October 2024. This is up from 32,164 million NTKMs during the same period in 2023. The increase represents a jump of 292.4 million NTKMs per day from 151 million NTKMs per day last year.

The addition of 522 kilometres to the DFC network in 2023-24 has driven this growth.

Expected 20% Increase in Freight Traffic by 2025

DFCCIL officials predict a 20% rise in freight traffic after the remaining 102 km stretch of the western DFC is completed by the end of 2025. The expected earnings for 2024-25 will surpass previous records.

Currently, 350 trains run daily on the DFC network, with plans to increase this to 480 trains per day.

“We have exceeded our target of handling 70% of the railways’ traffic on sections parallel to the eastern and western DFCs,” said a DFCCIL official. “In the eastern DFC, we’ve already crossed 80%, while the western DFC is at 60%.”

DFC Network Eases Congestion on Traditional Rail Routes

The shift of freight to the DFCs has decongested traditional routes like Delhi-Mumbai and Delhi-Kolkata. This shift improves efficiency across India’s rail network.

The western DFC, covering 1,506 km, handles containerised cargo, cement, petroleum products, and trucks-on-train. The eastern DFC, spanning 1,337 km, moves bulk cargo such as coal, iron, steel, fertilisers, and foodgrains.

Delays in Western DFC’s Final Leg

The Vaitarna-JNPT (Jawaharlal Nehru Port) section of the western DFC has faced delays. Tata Projects was awarded the contract in 2017 but was terminated in 2022 due to slow progress. However, after Tata Group committed to speeding up the work, the termination was reversed, and the project will continue.

Also Read: Major Electronics Firms Report Decline In Imports As ‘Make In India’ And Localisation Drive Growth

Ajaypal Choudhary

Recent Posts

JP Nadda Slams Rahul Gandhi’s ‘Match-Fixing’ Claims As ‘Desperation Of Losing’ Polls

Rahul Gandhi's opinion piece appeared in a national daily and sparked political uproar. Opposition parties…

7 hours ago

Poverty In India Reduced Via Tangible Boost In Household Living Standards, Incomes

In 2022–23, poverty under the revised $3.00 line stood at just 5.25 per cent in…

7 hours ago

Chhattisgarh: Seven Maoists Killed In Indravati National Park Operation

Five Maoists were killed in two separate encounters with security forces in Chhattisgarh’s Bijapur district,…

8 hours ago

Carney Invites Modi To G7 Summit, Highlights India’s Global Supply Chain Role

Canadian Prime Minister Mark Carney said the most populous country, with the fifth-largest economy, must…

8 hours ago

RBI Frontloads Rate Cuts To Boost Growth Amid Low Inflation: Crisil

The Reserve Bank of India (RBI) has frontloaded its rate cuts to support economic growth,…

9 hours ago

PM Modi Urges Global Action On Coastal Resilience At Nice Summit

PM Narendra Modi on Saturday called for urgent global action to build infrastructure that can…

9 hours ago