New Delhi, April 29 -- In a move to bolster its freight operations and alleviate congestion on existing tracks, Indian Railways is set to develop an additional 200 Gati Shakti multi-modal cargo terminals across the country.
This ambitious project, estimated to cost around Rs 14,000 crore, aims to enhance freight earnings and pave the way for faster passenger train movement, reported BL.
According to officials privy to the discussions, each terminal will incur an average cost of approximately Rs 70 crore based on initial estimates. This initiative comes on the heels of a successful fiscal year 2023-24, in which Railways earned over Rs 2.56 lakh crore, with freight services accounting for a staggering 70 per cent of these earnings.
The ...