Indian Economy News

Indian Railways break several records in freight loading during Financial Year-2021-22

In FY22, Indian Railways broke the 1400 MT Freight Loading barrier for the first time up 15% from the previous high of 1233.2 MT recorded in FY21. Coal has led the 185 MT incremental loading with a 111 MT increase, followed by Cement at 17.2 MT and Balance Other Goods at 15 MT.

FY22 was a year of records, with the highest ever figures in various indices, including Freight Loading and Revenue.

Following the mantra "Hungry for Cargo," IR has worked hard to improve the convenience of doing business as well as service delivery at reasonable pricing, resulting in increased traffic to railways from both conventional and non-conventional commodity streams. Railways were able to accomplish this milestone because to a customer-centric approach and the efforts of Business Development Units, which were backed up by agile policymaking. Indian Railways achieved incremental loading in all commodities except for fertilizers.


Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.