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Dedicated Freight Corridor
Mobility solutions provider Jupiter Wagons on Friday said it has secured a "significant" contract from a leading automobile maker for manufacturing four rakes of double-decker automobile carrier worth around Rs 100 crore. These automobile carrier Wagons will be able to carry SUVs on the bottom and top deck and come with a number of advanced technologies like articulated bogies and reduced idling time on account of sick wagon substitution, the company said in a statement. Such wagons are being introduced to the Indian Railways for the first time, considering the maximum moving dimensions, which not only suit the Dedicated Freight Corridor (DFC) but will also comply with a large section of the available national railway network, it added. "We are ready to leverage our expertise and resources to deliver these wagons, ensuring they meet the highest standards of quality and performance," said Vivek Lohia, Managing Director at Jupiter Wagons. Jupiter Wagons provides comprehensive mobilit
Union commerce minister Piyush Goyal on Tuesday alleged that the Dedicated Freight Corridor (DFC) and Ahmedabad-Mumbai Bullet Train projects got delayed due to an "unethical" government in Maharashtra. He was referring to the previous Maha Vikas Aghadi or MVA coalition government which had Shiv Sena, Nationalist Congress Party and Congress as its main constituents. The DFC project picked up pace after the Bharatiya Janata Party came to power at the Centre in 2014, Goyal said. "Had a party (Shiv Sena) in Maharashtra not betrayed us and formed a totally unethical government, three years may not have been wasted. Even the Bullet Train project would have progressed rapidly. That government wasted our three years. They did not let the project (DFC) move forward," said the BJP leader, addressing a gathering of professionals here. The Uddhav Thackeray-led Sena parted ways with the BJP in 2019 and joined hands with NCP and Congress. The event in Vadodara was organised by the ruling BJP as
A dedicated freight corridor has given a boost to the modal (freight movement) shift from road to rail even as a host of factors, including the absence of a sector regulator, impeding this shift, a report said on Friday. According to credit ratings agency CareEdge, container cargo transported through railways (rail volumes) grew by a healthy 17.63 per cent year-on-year to 74.38 million metric tonnes during the previous fiscal as compared to 12.51 per cent growth in overall container cargo volumes. The rail co-efficient also expanded by 115 bps to 26.70 per cent during FY22, mainly supported by partial connectivity of the dedicated freight corridor (DFC) with Mundra and Pipavav ports on the western coast, it said. This marks the beginning of the modal shift from roads to rail, the ratings agency added. It noted that the slated completion of the DFC project by June 2023, increased trips of cost-effective double-stack container trains and incremental volumes of cement cargo through ..
The revenue of Railways from freight transport jumped by 24% last fiscal. And the government has lined up a host of measures to transform the freight service. Let us find out how