Distribution of Indian Railways revenue FY 2022, by segment
Railway industry in India
The railway network in India was among the largest in the world. The system is ideal for long distance travel and transportation of bulk commodities. Train journeys are also popular for their constant supply of food and snacks. Indian Railways had over 22 thousand trains in operation that carried around 23 million passengers and around three million metric tons of freight every day.
Being the backbone of long-distance travel domestically, the sector had received considerable investments. As per the Union Budget of fiscal year 2021, the Ministry of Railways was allocated a budget of around 10 billion U.S. dollars. The railway network was estimated to become the third largest in the world over the next five years.