Vivacity

Railways to increase its freight basket

PNS

PHDCCI-Rajasthan chapter organised a Webinar on “Freight Incentives by Railways for Industries with North Western Railways” on November 24.

In his welcome address Shri Digvijay Dhabriya, Chair, PHDCCI-Rajasthan Chapter informed that PHD Chamber has been taking numerous initiative and policy advocacy measures for improving Ease of Doing Business, Reduction in cost of Doing Business and providing a level playing field for the industry so that Indian Economy can grow and achieve the target of USD 5 trillion given by our Hon’ble Prime Minister. He observed that logistic cost in India is over 14 per cent as compare to 3-4 per cent in China adversely affecting the industry and exports from India. There is a need to reduce to logistic cost and transportation through Railway network can help reducing the freight cost with the proactive approach and incentive schemes offered by Railways.

Speaking as Chief Guest Narendra, Divisional Railway Manager, North Western Railway outlined the various measures being taken by Railways for increasing its freight basket with focus on service and providing competitive freight solutions to trade and industry with the ultimate objective of facilitating growth of Indian economy.