Railways’ FY23 revenue surges 25% to ₹2.40 lakh cr
Freight revenue, too, rises 15% to ₹1.62 lakh crore; passenger revenues hit an all-time high growth of 61% at ₹63,300 crore.
Freight revenue, too, rises 15% to ₹1.62 lakh crore; passenger revenues hit an all-time high growth of 61% at ₹63,300 crore.
Central government is expecting revenue from Railways to increase by ₹32,700 crore in FY23 over revised estimates of FY22.
In a boost to Make in India, Siemens India will make and maintain 1,200 high horsepower (9,000 HP) electric freight locomotives at the railways' factory at Dahod, Gujarat.
In the reserved passenger segment, the total passengers who travelled in railways from April-October 8, 2022, stood at 42.89 crore vs 34.56 crore during the same period last year, up 24%.
Growth from long-distance reserved mail express trains is sharper than in passenger, suburban trains. Other coaching revenue up by 50%, goods revenue by 20%, sundry revenue by 95%