India’s railways saw an eight percent rise in passenger traffic and a five point two percent increase in freight revenue in FY24, boosting transport growth.

Indian Railways (IR), one of the largest railway networks in the world, recorded notable growth in both passenger traffic and freight revenue during the financial year 2023-24 (FY24). The railway network, which plays a crucial role in India’s transportation sector, witnessed an 8 percent increase in the number of passengers compared to the previous year. This growth reflects the rising demand for rail travel, driven by factors such as improved connectivity, enhanced services, and increasing affordability for millions of commuters across the country.

In addition to passenger traffic, freight transportation also experienced a steady rise. The revenue earned from freight operations in FY24 saw a growth of 5.2 percent. This increase can be attributed to various initiatives undertaken by Indian Railways to enhance efficiency in freight movement, such as infrastructure development, improved logistics management, and the introduction of policies to attract more industries to transport goods via rail. The growth in freight revenue highlights the railway’s crucial role in supporting India’s economy by facilitating the smooth movement of raw materials, industrial goods, and agricultural products across different regions.

Furthermore, Indian Railways is focusing on upgrading its technology and infrastructure to meet the growing demands of passengers and businesses. A new application is being developed with advanced features aimed at improving user experience and operational efficiency. The application is designed to offer high scalability, ensuring it can handle a large volume of users and transactions without compromising performance. It will also provide high availability, ensuring uninterrupted access to critical services for passengers and freight customers.

Security is another key focus, with the application incorporating robust measures to protect user data and prevent cyber threats. In addition, the platform will be designed for ease of operations, making it more user-friendly for both customers and railway employees. High agility will allow for quick updates and improvements, ensuring that the system remains efficient and adaptable to changing requirements.

With these developments, Indian Railways continues to strengthen its position as a vital transportation network, contributing to economic growth and enhancing travel experiences for millions of people across India.

The post India Strengthens Rail Network With Eight Percent Growth In Train Passenger Traffic In FY24 appeared first on Travel And Tour World.