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Freight corridors contribute Rs 16,000 crore to India’s GDP

By Economic Times - 4 weeks ago
A study by the University of New South Wales has found that India's Dedicated Freight Corridors (DFCs) will contribute ₹16,000 crore to the country's GDP. The operationalization of the Western DFC (WDFC) has led to reduced freight costs and travel times, lowering commodity prices by up to 0.5%. The DFCs accounted for 2.94% of Indian Railways' revenue growth from FY 2018-19 to FY 2022-23, handling over 10% of the rail freight.

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