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Railway freight growth slows as 'non-coal' baskets turn sluggish

April 21, 2025

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Financial Express Kochi

• Network constraints, competition from trucks key issues

- MANU KAUSHIK

STAGNANT GROWTH IN "non-coal" freight segments and a lack of strategic diversification in the commodity basket have put Indian Railways in a tight spot. Over recent years, the growth rate of freight segment has fallen — both in volume and value terms.

In FY25, freight revenue growth dropped to just 3.7%, much lower than the 7% reported in FY24, 15% in FY23, and 20.4% in FY22. Freight loading growth has also declined steeply, falling from 15% in FY22 to 3% in FY25.

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