Indian Railways (IR) is experiencing a tepid growth pattern in container volumes, casting doubts on the performance of container train operators (CTOs) for the current fiscal year’s fourth quarter, Nuvama reveals. Latest data shows a 4.1% year-on-year increase in container volumes from April 2024 to February 2025, totaling 80.6 million tonnes. Export-import (EXIM) volumes remain stagnant with an estimated rise of only 0-2% YoY, highlighting continuing vulnerabilities in the sector.
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