Indian railway passenger traffic FY 2010-2022
traffic from India’s suburbs was much higher than the non-suburban rail traffic at the end of fiscal year 2018. Overall, the railway network transported over 22 million passengers every day pre-pandemic era.
Freight traffic
Over one billion metric tons of freight was carried across India in 2020. The country had over nine thousand freight trains in operation that amounted for a daily freight transport volume of over three million metric tons as of March 2020. Freight traffic was also the major source of revenue for Indian Railways.
Road ahead
The railway network in India was forecast to become the third largest across the globe in the next five years. Indian Railways was one of the biggest employers in the country. The freight traffic via dedicated freight corridors was projected increase at a compound annual growth rate of over five percent by the end of fiscal year 2022.
The passenger traffic in the railway sector dropped to around 3.52 billion across India in fiscal year 2022. The significant decrease was mainly due to the impact of the coronavirus pandemic. Passenger rail Freight traffic
Over one billion metric tons of freight was carried across India in 2020. The country had over nine thousand freight trains in operation that amounted for a daily freight transport volume of over three million metric tons as of March 2020. Freight traffic was also the major source of revenue for Indian Railways.
Road ahead
The railway network in India was forecast to become the third largest across the globe in the next five years. Indian Railways was one of the biggest employers in the country. The freight traffic via dedicated freight corridors was projected increase at a compound annual growth rate of over five percent by the end of fiscal year 2022.