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Indian Railways Recorded a New Milestone in Freight Loading During August 2024

06 September 20242 mins read by Angel One
Indian Railways achieved a significant milestone by loading 126.97 MT of freight in August 2024, bringing the total to 653.22 MT for FY2025.
Indian Railways Recorded a New Milestone in Freight Loading During August 2024
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Indian Railways continues to demonstrate its pivotal role in the nation’s economy, achieving remarkable freight loading statistics for August 2024. The Railway Board announced that a total of 126.97 million tonnes (MT) of freight was loaded in August alone, contributing to a cumulative total of 653.22 MT for the financial year 2024-25. This impressive performance underscores Indian Railways’ unwavering commitment to sustainability, efficiency, and meeting the growing demands of the nation’s industries.

As part of the National Rail Plan, Indian Railways is actively expanding its network, upgrading its fleet, and enhancing operational efficiency to achieve the ambitious target of 3,000 MT of freight loading by 2030. These strategic initiatives support the nation’s economic growth and development.

The freight loading figures for August 2024 represent a significant increase compared to the previous financial year. The total freight loaded during the same period in 2023-24 was 634.68 MT, while the year 2022-23 saw a total of 1,591 MT loaded, generating substantial revenue.

Coal remains the most significant commodity transported by Indian Railways. In August 2024, the Railways transported 333.40 MT of coal, surpassing the 266.71 MT transported during the same period in the previous financial year. The total coal loading for the year 2023-24 was 787.58 MT, an increase from 727.98 MT in 2022-23.

Beyond coal, Indian Railways handles a diverse range of commodities essential for the nation’s economy. These include minerals and ores, food grains, cement, chemical manures, iron and steel products, petroleum products, automobiles, and many others. The Railways’ ability to transport such a wide variety of goods highlights its versatility and adaptability in meeting the evolving needs of the country.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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