Railways freight transport up 8% in July as it carries coal nationwide
Indian Railways transported 122.14 million tonnes (mt) freight in July, marking an 8.25 per cent increase against the same period last year as it ferries coal to power plants.
Freight volumes fell by over 3 mt compared to June, prompting to experts say that is usually due to a slight taper in economic activity from the peak summer months.
The year-on-year (YoY) growth of 9.3 MT was largely due to a near one-fourth increase in coal supply, which was railways its top priority during the fuel crisis in the country. Iron ore, which is the second biggest commodity in the freight basket, has failed to grow for the fourth consecutive month this fiscal.
