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TMI BlogBudget 2025: Industry pins hope for mega wagon orders, focus on freight infra developmentX X X X Extracts X X X X X X X X Extracts X X X X ..... Budget 2025: Industry pins hope for mega wagon orders, focus on freight infra development X X X X Extracts X X X X X X X X Extracts X X X X ..... ase the average speed of freight trains to 50 kmph and deploy advanced 12,000 HP electric locomotives. >Texmaxo Managing Director Sudipta Mukherjee expressed optimism for a substantial wagon order, building on the government's 2022 announcement of approximately 1.2 lakh wagon orders over three years. > "Out of the total 3 lakh long-term wagon procurement plan to increase the total number to six ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lakh wagons, the government had placed nearly 1.2 lakh wagon orders in 2022, which are supposed to be fulfilled by 2025. We hope the government will repeat a similar mega order for wagons in the upcoming budget to push the railways' share in logistics to 45 per cent from the current 26-27 per cent," Mukherjee said. > He also emphasised the need for increased funding for safety, technology, and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... predictable train running infrastructure. >Vivek Lohia, Managing Director of Jupiter Wagons Limited, called for a multi-pronged approach to strengthen freight operations. >He highlighted the importance of accelerating the expansion of Dedicated Freight Corridors (DFCs), including the proposed 'Central India to Coast via DFC', to enhance the competitiveness of Indian industries. >Stressing the n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eed to increase the average speed of freight trains to 50 kmph, deploy advanced 12,000 HP electric locomotives, and increase freight train length. > He advocated for strategic railway geography assessments for key sectors like mining, NTPC, petrochemicals, cement, steel, FCI, dry ports, fertilizers, and textiles. >Lohia further suggested prioritising capital expenditure on modernising infrastru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cture, urban rail projects, and innovative strategies such as the real-time information system (RTIS) and the separation of parcel traffic from passenger operations. > He also proposed dedicated Kisan Rails for perishables to support agricultural supply chains. >With the government's focus on sustainability and its net-zero mission, the logistics sector anticipates increased attention on railwa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ys and waterways in the upcoming budget. Expectations are rife for a 10-20 per cent boost in the railway budget from the previous allocation. >In the previous budget presented in July 2024, Railways received a record capital expenditure allocation of Rs 2.62 lakh crore. This increase is expected to fund track expansion, the addition of high-speed Vande Bharat trains, and improvements in rail frei ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ght.
>An expenditure report of Indian Railways until January 5, 2025, pointed at substantial investment in capacity augmentation. PTI BSM NN X X X X Extracts X X X X X X X X Extracts X X X X
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