Indian Railways plans 23 new container terminals to enhance cargo movement

Quick Summary:

For 2023-24, Indian Railways had loaded a total of 1,591 mt of freight, generating revenue amounting to Rs 1,68,276 crore.

The revised guidelines also allow for container storage at terminals, enabling operators to manage larger volumes more efficiently.

The container terminals will come up in different states, including five in Maharashtra, four in Tamil Nadu, three in Rajasthan, and two each in Delhi and Haryana.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Indian Railways Chhattisgarh Andhra Pradesh Cargo terminals in India Rajasthan Tamil Nadu Container loading Terminal access charges Hub-and-spoke model Madhya Pradesh West Bengal Uttar Pradesh Railways freight movement Freight revenue Exim trade Indian railways bulk cargo Maharashtra Container rail terminals Export-import cargo Containerisation Private sector investment Jharkhand Odisha

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 16:00:19 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 21 lines

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Copyright Owner: © Business Standard

News ID: 23655843

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