New Delhi, Dec 08: Indian Railways Production Units i.e. Chittaranjan Locomotive Works (CLW) at Chittaranjan, Banaras Locomotive Works (BLW) at Varanasi, Patiala Locomotive Works (PLW) at Patiala, are on fast track to achieve record production in 2022-23.
With the production of 614 Electric Locomotives in FY 2022-23, till 30th November, Indian Railways has recorded a growth of 25.3% over last year for the same period. Last year, 490 electric locomotives were produced during the same period.
The Government has ambitious plans to recapture the freight market share by Railways from 28per cent at present to 40 per cent in the next 10 years.
The funds have also been made available for capacity augmentation, modernization of Rolling stocks, world-class stations and tracks etc.
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