Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Indian Railways has undertaken a mega-infrastructure project namely the Dedicated Freight Corridor (DFC), comprising Western Dedicated Freight Corridor (WDFC- from Dadri to Jawaharlal Nehru Port Trust 1506 Km) and Eastern Dedicated Freight Corridor(EDFC- from Ludhiana to Sonnagar-1337 Km) covering 2843 route Km in totality.This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha.A total route length of 1610 Km (799 Km of EDFC and 811 Km of WDFC) has been completed out of total 2843 Km till October, 2022.In this regard, a pilot project for 'JPP' has been launched on 31.03.2022, by attaching a Parcel Van in Tapti Ganga Express (19045/46) between Surat and Varanasi.Joint Parcel Product (JPP) has been launched by Indian Railways in collaboration with India Post which aims to target business-to-customer (B2C) and business-to-business (B2B) markets focusing on ...
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 ..