Indian Railways’ September freight loading rises 6.1% as revenue grows 9.3%

What happened: Indian Railways' September freight loading rose 6.14% year on year to 135.35 million tonnes, with freight revenue up 9.3%, the ministry of railways said. Key numbers: September loading 135.35 mt vs 127.52 mt a year earlier. April-September loading 833.7 mt, up 4.1%. First-half freight revenue up 3.7%. September freight revenue up ₹1,266 crore. Why it matters: The ministry attributed growth to demand from coal, steel and fertiliser sectors. Railways aims to lift its logistics market share above 45% from below 30%, and is counting on freight to bolster revenue.

Indian Railways' September freight loading rose 6.14% year on year to 135.35 million tonnes, with freight revenue up 9.3%, the ministry of railways said.

The ministry attributed growth to demand from coal, steel and fertiliser sectors. Railways aims to lift its logistics market share above 45% from below 30%, and is counting on freight to bolster revenue.