According to Indian Railways, the number of rakes used for the automotive sector increased by 9 per cent from April to December in the current financial year (FY25), resulting in a 5 per cent increase in freight revenue, reaching ₹973 crore.
With three months remaining and companies like Maruti Suzuki India (MSIL) and Hyundai Motor India (HMIL) moving aggressively, the revenue from the segment is expected to be close to ₹1,400 crore, up from ₹1,250 crore in 2023-24. Take the case of the passenger car market leader MSIL, which produced more than 2 million vehicles in calendar year 2024 and handled around 496,600 vehicles, up 18 per cent from 422,300 vehicles in 2023. Similarly, HMIL handled around 156,724 units by rail freight in 2024, up from around 150,000 units in 2023, accounting for 26 per cent of its total domestic wholesale volume in 2024.
Bu hikaye Business Standard dergisinin January 06, 2025 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin January 06, 2025 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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