New Delhi [India], Indian Railways reported record freight loading of 135.46 million tonnes (MT) in June 2024, an increase of 12.40 MT compared to the same period last year.
According to a press release from the Ministry of Railways, this growth represents a solid improvement of approximately 10.07 percent year-on-year, highlighting the railways' increased operational efficiency and increased demand for freight services.
Financially, Indian Railways also recorded substantial profits from freight operations during June 2024.
The revenue generated amounted to Rs 14,798.11 million, reflecting a notable increase of Rs 1,481.29 million or 11.12 percent compared to the profit of Rs 13,316.81 million in June 2023. This financial achievement underlines the critical role of railways in India's logistics sector and its contribution. to the national economy.
During June 2024, Indian Railways demonstrated its strong logistics capabilities by efficiently handling a wide range of cargo categories, each of which contributed significantly to the railways' record performance, the press release said.
Coal shipments topped the figure at 60.27 million tonnes (MT), excluding imported coal, highlighting the critical role of railways in transporting fuel for various industries.
Imported coal followed closely at 8.82 MT, underscoring India's dependence on global energy resources.
Iron ore transportation amounted to 15.07 MT, highlighting Indian Railways' crucial support to the mining and steel sectors.
Transportation of pig iron and finished steel reached 5.36 MT, indicating substantial movement within the manufacturing and construction industries.
Cement shipments, excluding clinker, totaled 7.56 MT, supporting infrastructure development across the country, the press release said.
Additionally, Indian Railways transported 5.28 MT of clinker, essential for cement production, and 4.21 MT of food grains, contributing to food security initiatives.
The transportation of fertilizers amounted to 5.30 MT, facilitating agricultural productivity. Mineral oil shipments totaled 4.18 MT, crucial for various industrial and consumer applications.
Containers handled by Indian Railways reached 6.97 MT, underlining its role in facilitating efficient and cost-effective intermodal transportation.
Finally, other goods, totaling 10.06 MT, covered a wide range of commodities, further highlighting the railways' comprehensive logistics capabilities in different sectors.
Following the motto 'Hungry For Cargo', Indian Railways has continuously strived to improve business efficiency and offer services at competitive rates, the press release said.
This customer-centric approach, combined with the proactive efforts of its Business Development Units and agile policy formulation, has been instrumental in propelling the railways towards this remarkable achievement.
According to a press release from the Ministry of Railways, this growth represents a solid improvement of approximately 10.07 percent year-on-year, highlighting the railways' increased operational efficiency and increased demand for freight services.
Financially, Indian Railways also recorded substantial profits from freight operations during June 2024.
The revenue generated amounted to Rs 14,798.11 million, reflecting a notable increase of Rs 1,481.29 million or 11.12 percent compared to the profit of Rs 13,316.81 million in June 2023. This financial achievement underlines the critical role of railways in India's logistics sector and its contribution. to the national economy.
During June 2024, Indian Railways demonstrated its strong logistics capabilities by efficiently handling a wide range of cargo categories, each of which contributed significantly to the railways' record performance, the press release said.
Coal shipments topped the figure at 60.27 million tonnes (MT), excluding imported coal, highlighting the critical role of railways in transporting fuel for various industries.
Imported coal followed closely at 8.82 MT, underscoring India's dependence on global energy resources.
Iron ore transportation amounted to 15.07 MT, highlighting Indian Railways' crucial support to the mining and steel sectors.
Transportation of pig iron and finished steel reached 5.36 MT, indicating substantial movement within the manufacturing and construction industries.
Cement shipments, excluding clinker, totaled 7.56 MT, supporting infrastructure development across the country, the press release said.
Additionally, Indian Railways transported 5.28 MT of clinker, essential for cement production, and 4.21 MT of food grains, contributing to food security initiatives.
The transportation of fertilizers amounted to 5.30 MT, facilitating agricultural productivity. Mineral oil shipments totaled 4.18 MT, crucial for various industrial and consumer applications.
Containers handled by Indian Railways reached 6.97 MT, underlining its role in facilitating efficient and cost-effective intermodal transportation.
Finally, other goods, totaling 10.06 MT, covered a wide range of commodities, further highlighting the railways' comprehensive logistics capabilities in different sectors.
Following the motto 'Hungry For Cargo', Indian Railways has continuously strived to improve business efficiency and offer services at competitive rates, the press release said.
This customer-centric approach, combined with the proactive efforts of its Business Development Units and agile policy formulation, has been instrumental in propelling the railways towards this remarkable achievement.
