News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
Home : U.S. Government News Search Engine                          
(USGovernment-News.Com, February 12, 2019 ) Netscribes' latest market research report titled Rail Transport Market in India 2014 states that with the government opening up the rail freight transport sector to private companies in 2006, the market has developed considerably and offers tremendous potential for players. Freight traffic has increased considerably in the past few years and is projected to grow even further. Although the sector had faced challenges from road freight in the recent past, with several infrastructural development projects being on the verge of completion, the sector is expected to get a major boost. With developments in the sector, efficiency will increase and more companies will be willing to transport products through rail freight. Dedicated freight corridors will vastly aid in this. Further, the country's growing international trade has increased the need for transportation services, especially from the ports. This will further assist growth in the market. To encourage rail freight and to develop the sector, several marketing schemes have been formulated by Indian R
ailways. Also, the aim is to modernize the entire railway network. This will provide operational benefits to players active in the sector. At present, there are 16 companies that have the license to operate in the sector with the Government of India undertaking, Container Corporation of India Ltd. (CONCOR) dominating the market. The private players are yet to establish themselves with most of them having a very small fleet size compared to CONCOR. However, with the implementation of various wagon investment schemes and wagon leasing schemes, the private players will benefit and the market will exhibit steady growth.
Future Requirements and Investments Slide 141-143: Modernization Initiatives and Investment Requirements Slide 144: Cooperation with State Governments Slide 145: FDI Policy in India: Transport and Logistics
Research Report Hub Research Report Hub offers wide-ranging collection of market research reports under virtually every market verticals and sub-categories from different publishers across the globe. We offer reliable market intelligence reports and report customization services to better understand current and projected market scenarios. It also gives a clearer depiction of industries and facilitates to simply perceive competitor activity in the respective industry. Our services are also geared towards helping organizations procure market reports at the finest price. About US
Research Report Hub Sector 04, Plot 101, Sant Nagar, Moshi PCNDTA, Pune, 412105 Maharashtra, India
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including: