Average railway freight rate per metric ton in India FY 2006-2022
Growth of the sector
National level investments have played an important part for the tremendous growth of the sector. In 2008, the country spent almost five U.S. dollars per thousand dollars of GDP on rail infrastructure. The capital expenditures on the sector have also gradually increased over the years. The capital expenditure value of the railway sector was 20 billion U.S. dollars in financial year 2018.
Revenue and future
Revenue in the sector has witnessed steady growth over the years. The revenue of freight rail transport across the nation was projected to be close to 2.5 billion U.S. dollars in financial year 2018. With increasing participation from public as well as private sector firms, both domestic and international, the freight traffic is likely to grow rapidly, possibly resulting in more employment opportunities and revenue generation from the industry.