May 10, 2024 06:33 (IST)
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Indian Railways to run Auto Car freight train to augment revenue
New Delhi, Jul 13 (IBNS): Railway Minister Suresh Prabhu inaugurated the Auto Car freight train service between Gurgaon (Haryana) and Nidvanda (Karnataka) on Tuesday through video conferencing from New Delhi.
The minister said that the auto industry, which is the fastest growing industry, is expanding with the increasing population and thus railways can extract revenue out of this opportunity by improving its auto traffic.
Indian Railways' present share in the automobile transportation is only about 3%. The Railways is aiming to achieve 25% rail share of auto traffic, it said in a release.
He said that the flag off of the Auto Car that too with time table run of freight train would ensure timely delivery of the autos, which would increase confidence of auto industry on railway’s credibility.
According to Indian Railways, at present average 2,000 cars move per month between Gurgaon and Nidvanda. The time tabled run will improve the turn round and the number of trips are likely to go resulting transportation of about 6000 cars per month.
The Auto Car freight train will leave Gurgaon on Monday, Thursday and Saturday while that from Nidvanda will leaveon Tuesday, Thursday and Saturday.
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