Surface Transport ----aarkstore Enterprise
Road transport has a dominant role in Indias transportation sector with a share of
4.6% in Indias GDP in 2007-08 as per the data released by the Central Statistical Organisation (CSO). The aggregate length of roads in India increased from 0.4m km in 1950-51 to 3.314 million km by the end of 2007-08. The road network handles about 65% of the freight and 85% of the passenger traffic. As per the data released by CSO, during the 10th Five Year Plan the average annual growth in road sector is around 10%.
The Indian Railways combined route kilometres (rkm) of three gauges (broad, meter and narrow) went up from 53,596 rkm in 1950-51 to 63,327 rkm as of March 31, 2007 and around 28% of its rail network is electrified. The gross receipts of railways grew fromRs544.91 billion in 2005-06 to Rs627.32 billion in 2006-07. Interestingly, the revenue of Indian railways is growing at a CAGR of around 10% over the last six years, i.e. since 2000-01.
Key Findings and Highlights
The road transports share in freight traffic has gone up from 13.8% in 1950-51 to over 65% in 2006-07. It is expected to reach 1,231 billion tonne Km (BTKM) in 2011-12, with a share of 65% in the freight movement in India
During 2007-08, Indian Railways carried 794.21m tonnes of revenue earned cargo, witnessing an excellent growth rate of 8.98% against the previous year
The government has assessed an outlay of Rs. 1,217.58 billion for the development of National Highways during the 11th Five Year Plan (2007-2012). The share of private sector investment during the 11th Five Year Plan is estimated to be Rs. 877.35 billion
During the 11th Five Year Plan, the Indian Railways has allocated a total plan outlay of Rs. 2,300 billion. Dedicated Freight Corridors on the Western and Eastern routes will be laid at an estimated investment of Rs. 220 billion.
Reasons to Buy
Provides industry structure with reference to global logistics industry, brief about intermediaries, market dynamics and cost structure, growth drivers, major issues and challenges, major players, regulatory issues and outlook.
The report is useful for logistics players to update their industry knowledge, industry analysts to make use of related industry statistics and other important facts and issues about surface logistics, foreign industry research houses and students enrolled in specialised curriculum in logistics.
For more information please contact :
http://www.aarkstore.com/reports/Surface-Transport-35178.html
http://blogs.aarkstore.com/
From:Aarkstore Enterprise
Contact: Neel
Email: press@aarkstore.com
URL: www.aarkstore.com
by: Aarkstore
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