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Indian businesses already transporting more than 76 pc goods via railways; further increase expected: Study

Indian businesses already transporting more than 76 pc goods via railways; further increase expected: Study

Jul 19, 2022, at 02:06 am

Mumbai: Railway Freight Activity Optimism Index (RFAOI) for Q2 2022 stands at 63, three points higher than the previous quarter despite the uncertainty posed by the Russia Ukraine war and the eminent risks weighing upon the pace of recovery of businesses (global inflation and swift change in monetary policy), according to a survey.