India's first semi-high speed freight train Gati Shakti likely to run by year-end
Indian Railways has set a target of launching the country's first semi-high speed freight train by December 2022.
The 16-coach 'Gati Shakti' train based on the Vande Bharat platform will be able to run at a speed of 160 kmph.
The manufacture of the train will be done by Integral Coach Factory (ICF) in Chennai.
In order to implement this initiative in a focused manner, Railways has created a separate Directorate in Railway Board with its branches in Khurda, Bilaspur, Delhi and Bengaluru divisions.
Each train will also have refrigerated wagons at the rear and front for carrying perishable goods like milk products, fish, fruits and vegetables.
Each coach will have two wide doors for loading and unloading of containers.
Indian Railways is aiming to increase its share in freight traffic from the current 27 per cent to 45 per cent by 2030 through better infrastructure and business development plans.
Indian Railways has identified 74 new 'Gati-Shakti Multi-Modal Cargo Terminal (GCT)' across the country, of which 20 are in South Indian states.
India’s e-commerce market
As per the Indian Brand Equity Foundation, with a turnover of USD 50 billion in 2020, India has become the eighth largest market for e-commerce.
India's e-commerce market is expected to reach US$ 111 billion by 2024 and US$ 200 billion by 2026.
It is expected to reach USD 350 billion by 2030.
The 'Gati-Shakti Multi Modal Cargo Terminal' policy was launched in 2021 to promote investment in the development of additional terminals for handling rail cargo.
About PM Gati Shakti initiative
It is a transformative approach to economic growth and sustainable development.
It was launched on 13 October 2021 to provide multimodal connectivity infrastructure to various economic zones.
PM GatiShakti National Master Plan was implemented on 21st October 2021.
The approach of PM Gati Shakti is driven by 7 engines-
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