Is Indian Railways’ ambitious ‘Mission 3000 MT’ achievable?

In 1950-51, Indian Railways monopolised the nation’s logistics sector commanding 85% of market share in terms of volume. Since then its share slipped to 60% in 1991 and 27% now as it lost enormous cargo businesses to the road sector. If the national transporter continues to just chug along, treating the freight sector as business as usual — an annual growth rate of just 4% — the market share will drop to 22% in FY30, warns an internal report authored by 10 railway board officers and submitted in May this year.