Home Latest News Indian Railways likely to Procure 60,000 Wagons to Boost Freight Traffic Share

Indian Railways likely to Procure 60,000 Wagons to Boost Freight Traffic Share

Indian Railways likely to Procure 60,000 Wagons to Boost Freight Traffic Share
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NEW DELHI (Metro Rail News): To enhance the share of freight traffic carried by Indian Railways (IR), the Ministry of Railways is likely to acquire additional 60,000 wagons, estimated to cost around Rs 25,000 crore. The tenders for procuring these wagons, including 10,000 aluminium ones, will be floated between July and September.

According to a senior Railway Ministry official, “the ministry is finalizing a tender for the procurement of additional 50,000 wagons and is also considering a separate tender for the acquisition of 10,000 aluminium waggons.” These new tenders are part of a long-term aim to boost rail’s current share of freight traffic from 27% to 45% by 2030.

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