To tap the growing freight sector in the country, the Railways is aiming to introduce the country’s first semi-high speed freight train by December 2022.
About:
Based on the Vande Bharat platform, the 16-coach ‘Gati Shakti’ train will be able to run at 160 km/hour, and will be manufactured at the Integral Coach Factory (ICF) in Chennai.
The overall target of 25 such trains had been set. The final number of trains would depend on how the initial trains will be received by market.
Focus on e-commerce
With these trains, the Railways plans to target the e-commerce and courier parcel segment.
With the turnover of $50 billion in 2020, India had become the 8th largest market for e-commerce. India’s e-commerce market is expected to reach $111 billion by 2024, $200 billion by 2026 and expected to reach $350 billion by 2030.
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