Increase in wagon production to improve freight movements
Indian Railways has achieved a historic milestone in wagon production, reaching an all-time high of 41,929 wagons in FY 2024-25, compared to 37,650 units produced in FY 2023-24, showcasing a significant boost in manufacturing capacity and efficiency https://www.commerce.gov.in/.
This growth is expected to reduce freight bottlenecks and enhance Rail cargo movement, the Ministry of Railways said on 4 Apr.
“The numbers suggest a significant increase in the annual wagon production, highlighting the government’s vision of not only increasing domestic manufacturing but also improving its freight movement that will enhance convenience and also provide a major boost to the Indian economy, empowering India towards its goal of becoming an economic prowess,” the Ministry elaborated https://www.makeinindia.com/home/.
This surge in wagon production is expected to have a profound economic and environmental impact. With more wagons available, transport bottlenecks will be significantly reduced, ensuring faster cargo movement and improved efficiency for industries reliant on bulk transportation, such as coal, cement and steel, it said.
As Indian Railways continues to expand its freight capacity, it is playing a crucial role in strengthening India’s industrial infrastructure and economic resilience, said the Ministry. Fiinews.com
