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Home / Business and Economy / India Plans Massive Freight Corridor Expansion

India Plans Massive Freight Corridor Expansion

12 Dec

•

Summary

  • Indian Railways proposes three new freight corridors costing ₹1.5 trillion.
  • New corridors aim to boost freight speeds and rail's market share.
  • East Coast Corridor likely prioritized for port evacuation and mineral movement.
India Plans Massive Freight Corridor Expansion

Indian Railways is charting a course for a substantial expansion of its high-speed cargo network, with plans for three new dedicated freight corridors. These ambitious projects, estimated to cost around ₹1.5 trillion, are designed to extend the reach of efficient logistics deeper into southern, eastern, and central India. This initiative builds upon the proven success of two operational corridors, aiming to establish a seamless nationwide logistics loop. Detailed project reports for the proposed Kharagpur-Vijayawada, Bhusawal-Dankuni, and Vijayawada-Nagpur-Itarsi corridors are currently under review.

The new corridors are poised to significantly enhance freight speeds and ease congestion on passenger routes, a critical step as India's logistics market experiences robust growth. The national transporter aims to increase its share in total freight movement from the current 27% to a target of 45% by 2030. The East Coast Corridor, a key component of the expansion, is anticipated to be prioritized due to its strategic importance in supporting port evacuation and facilitating the movement of minerals from resource-rich regions.

While some industry experts raise concerns about the utilization of existing corridors and suggest alternative investments, proponents highlight the potential for increased efficiency and reliability. The planned corridors are designed for double-stack container operations and higher axle loads, promising faster cargo movement. This expansion aligns with India's vision for a more integrated and efficient transportation system, crucial for supporting the nation's economic growth and achieving ambitious freight loading targets.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Indian Railways is developing three new dedicated freight corridors to expand its high-speed cargo network across southern, eastern, and central India.
The three proposed dedicated freight corridors are estimated to cost approximately ₹1.5 trillion.
The East Coast Corridor is likely to be prioritized due to its support for port evacuation and mineral movement.

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