India’s Railways sector, valued at ₹3 trillion in 2023-24, is one of the largest rail networks in the world, with over 68,000 km of track. It plays a pivotal role in freight and passenger transportation, serving as the backbone of the country’s logistics and infrastructure.
Why Invest in the Railways Sector
- Largest Rail Network: India’s rail network is the fourth-largest globally, making it crucial for domestic and international trade
- Government Initiatives: Initiatives such as the National Rail Plan and PM Gati Shakti are driving modernization, efficiency, and capacity expansion.
- Growing Demand: With increasing urbanization and industrial growth, the demand for rail services continues to rise, providing significant investment opportunities.
Incentives & Schemes
- National Rail Plan: Aiming to increase rail freight share to 40% by 2030 and modernize infrastructure.
- PM Gati Shakti: ₹100,000 crore initiative to improve multi-modal connectivity and logistics efficiency.
- Dedicated Freight Corridors (DFC): Focused on the development of dedicated freight corridors to boost cargo transportation capacity.
Highlights
- Passenger Traffic: India’s railways transport over 23 million passengers daily.
- Freight Growth: Railways handle 35% of India’s total freight, expected to increase significantly with the National Rail Plan.
- Infrastructure Investment: Over ₹50,000 crore allocated for infrastructure development in the 2023-24 budget.
Railways Sector Data
| Category |
Details |
| Market Size (2023-24) |
₹3 trillion |
| Total Track Length |
68,000 km |
| Passenger Traffic |
23 million passengers daily |
| Freight Share |
35% of total freight |
| PM Gati Shakti Allocation |
₹100,000 crore |
| Dedicated Freight Corridors |
3,300 km of dedicated freight corridors (under construction |
| Investment in Infrastructure |
₹50,000 crore allocated for rail infrastructure (2023-24) |
| CAGR of Railways |
7% (2024-2030) |
| Employment |
1.3 million+ people |
| FDI in Railways |
$1 billion since 2000 |
