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On the Slow Coach- Business News

On the Slow Coach Fifteen years in the making, only 650 km of the dedicated freight corridor has opened. Meeting the 3,381-km target by June 2022 appears a distant dream Prime Minister Narendra Modi inaugurated two sections of dedicated freight corridors (DFCs) in quick succession in December 2020 and January 2021. Immediately after, videos of kilometres long double-stack container trains chugging on the new lines emerged on social media handles of Ministry of Railways and Railway Minister Piyush Goyal. The trains hit top speed of 93 km per hour and average speed of 67 km per hour as against 23 km per hour clocked by a normal goods train in India.

Container volumes at JNPT dips 7 per cent in FY21 - The Hindu BusinessLine

Container volumes at JNPT dips 7 per cent in FY21 April 06, 2021 A file photo of Jawaharlal Nehru Port Trust .   -  BusinessLine× India’s biggest state-run container port continue losing market share to Mundra Cargo containers handled at state-owned Jawaharlal Nehru Port Trust (JNPT) dipped 7.04 per cent to 4.676 million twenty-foot equivalent units (TEUs) in FY21 from 5.031 million TEUs a year earlier. This indicates India’s biggest state-run container gateway was hit by a combination of the pandemic induced demand destruction and diversion of cargo to the private rival Mundra port in Gujarat. This is the first time in three years that JNPT handled less than 5 million TEUs.

On the Slow Coach- Business News

On the Slow Coach- Business News
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