From Adani to Tata Steel, six companies to run own freight wagons

Earlier, there were schemes for private investment in special wagons and container train operators

Six companies may soon have their own wagons, out of the fleet of Indian Railways, specially dedicated to freight movements.

According to multiple sources, the proposals by these companies — Adani Group, JSW Cement, Jindal Steel and Power, Tata Steel, Rashmi Cement, and Orissa Metaliks — under the general-purpose wagons scheme have been cleared by the railway ministry. 

Of the 40 rakes cleared so far, 28 per cent or 11 wagons are allotted to Gautam Adani-led Adani Logistics, while TM International Logistics — a joint venture between Tata Steel, NYK Holding (Europe) and IQ Martrade — has received nine rakes.