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Touching bullet speeds
India has the fourth-largest railway system in the world, behind only US, Russia and China.
The Indian Railways consists of a total track length of 126,366 km over a 67,956 km of route along with 7,335 stations. The railways operates 13,523 passenger trains and 9,146 freight trains daily. The railway sector in India has loaded 1418.1 MT of freight during FY 2021-22, registering an 15% increase in freight loading from the last year. Indian Railways is the single largest employer in India and eighth largest in the world, employing approximately 1.3 Mn people.
- Vision 2024 has been envisaged to achieve targets of 2024 MT freight loading by 2024
- Mumbai-Ahmedabad high-speed rail project sanctioned at a total cost of $14.27 bn
- The railway sector of India aims to electrify the entire network by 2023 which will lead to annual energy savings of $1.55 bn
- Record electrification of 6,366 RKMs has been achieved in IR history during FY 2021-22. Previous highest electrification was 6,015 RKM during FY 2020-21. As on 31.03.2022, out of 65,141 RKM of BG network of IR (including KRCL), 52,247 BG RKM has been electrified, which is 80.20% of the total BG network
- Indian Railways has commissioned Wi-Fi at 6,089 Railway stations across the country
- In order to achieve its green mission, Indian Railways has solarised more than 1000 stations
- 2000 Km of railway network to be brought under Kavach, the indigenous world class TCAS in 2022-23. Kavach has been commissioned at over 850 Rkm in FY22
- 400 new generation Vande Bharat Trains to be manufactured during the next three years
- 100 PM Gati Shakti Cargo terminals for multimodal logistics to be developed during the next three years
100% FDI allowed in railway infrastructure under the automatic route.
For further details, please refer FDI Policy
- bn
Annual Estimated Passengers in 2031
- MT
Annual Estimated Freight Demand in 2031
- MT
Freight Loading by 2024
- $ bn
Revenue from freight traffic (2021)
4th largest railway system in the world
4th largest rail freight carrier in the world
Single largest employer in India and 8th largest in the world
- Industry Scenario
- FOREIGN INVESTMENT
- INDUSTRY TRENDS
- POLICIES & SCHEMES
Industry Scenario
The Indian Railways' freight revenues in 2021 were worth $16 bn.
Following the Mantra, “Hungry For Cargo”, Indian Railways has made sustained efforts to improve the ease of doing business as well as improve the service delivery at competitive prices which has resulted in new traffic coming to railways from both conventional and non-conventional commodity streams. The customer centric approach and work of business development units backed up by agile policy making has helped the Railways breach the 1400 MT Freight Loading mark for 1st time ever in Financial Year-2021-22. The Originating Freight Loading of Indian Railways for the FY 2021-22 stood at 1418.1 MT (provisional) which is 15% more than the previous best set in FY 2020-21 at 1233.2 MT.
- The railway sector in India aims to contribute about 1.5% to the country’s GDP by building infrastructure to support 45% of the modal freight share of the economy
- Two Dedicated Freight Corridors (DFC), one on the Western route (Jawaharlal Nehru Port to Dadri) and another on the Eastern route (Ludhiana to Dankuni), have been fast-tracked
- The railway sector in India has the highest ever planned capital expenditure of $32 bn in 2022-23
- The average Freight Train speed has increased to 44.36 kmph during 2021-22 compared to 42.97kmph during 2020-21 (+3.23 %) (upto 31.12. 2021)
- Record electrification of 6,366 RKMs has been achieved in IR history during FY 2021-22
- New Line/ Doubling/ Gauge Conversion: 2904 km was achieved in FY 2021-22 which is 23% higher than last year. It is also the Highest ever commissioning (excluding DFC)
- The IR achieved the Highest ever Electric Loco Production & induction of 1,110 Locos in FY 2021-22
GROWTH DRIVERS
Rising passenger & freight traffic
Increasing urbanization, rising incomes (both rural and urban), growing industrialization across the country along with private sector participation
Increasing freight traffic
Growing industrialization across the country
Dedicated freight corridor
Six high-capacity, high-speed dedicated freight corridors
Freight Business Development Portal
One-stop cargo solution for seamless goods transportation
Diamond Quadrilateral network of high-speed rail
Connecting major metros and growth centers of the country
Atmanirbhar Bharat Abhiyaan - Self Reliant India
Special economic and comprehensive package of INR 20 lakh crores towards promoting manufacturing in India
Industrial Land Bank Portal
GIS - based map displaying available infrastructure for setting up business operations in the state.
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