Economic Growth Drives IR Spending

In this article the author explains the rapid growth experienced by Indian Railways (IR) in terms of its impetus from that country's growing economy. IR is the world's second busiest railway in terms of passenger/kilometers and third busiest overall. This translates into 11,000 passenger trains a day, 5,000 freight trains in a week, with 6.2 billion passenger journeys per year and 726 million tons of freight. Quite a bit of the reinvestment from recently increasing freight revenues is being put into capacity increases as about 60 percent of major routes are now designated as super-saturated. In addition to building new lines, including dedicated freight lines, the system will also have to add more locomotives and rolling stock to meet demand. Along with the added freight line revenue, these expansions will be funded through a combination of governmental and private funding.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/03735346
• Authors:
  • Jackson, Chris
• Publication Date: 2007-7

Language

• English

Media Info

• Media Type: Print
• Features: Photos; Tables;
• Pagination: pp 443-445
• Serial:
  • Railway Gazette International
  • Volume: 163
  • Issue Number: 7
  • Publisher: DVV Media Group
  • ISSN: 0373-5346
  • Serial URL: http://www.railwaygazette.com/about-us.html

Subject/Index Terms

• TRT Terms: Economic growth; Freight and passenger services; Investments; Modernization; Privatization
• Identifier Terms: Indian Railways
• Subject Areas: Economics; Railroads;

Filing Info

• Accession Number: 01054625
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: Jul 30 2007 1:25PM