Indian railways is betting big on the long-term contract plan to regain its lost market share in sectors like cement, steel and fertilisers. According to sources close to the development, in cement sector only the national carrier is targeting at least 110 million tonne cargo in the financial year 2017-18.
“Our main focus is on sectors like cement, steel, fertilisers, grains, iron ore, scrap and pig iron. We are already in talks with a few companies. Initially, our focus will be on cement and steel sectors and expect to achieve over 110 MT on cement only during the next financial year,” said Mohammed Jamshed, member (traffic), railway board. Read More…
Credit By: business-standard.com
Latest posts by Business-Standard.com (see all)
- Adityanath asks officials to draft blueprint for ‘energy security’ - October 21, 2019
- PE-backed Invenire Energy acquires UK’s Hardy Oil and Gas for $22 million - October 20, 2019
- Power Grid acquires project SPV Bhuj-11 Transmission - October 18, 2019