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 countrys 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 Railways. 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.
Coverage
Overview of the rail transport market in India and historical data for freight earnings and freight loading over 2009-10 to 2013-14, as well as forecasted data over 2013-14 to 2018-19e
Information on the zone-wise freight earnings and freight loading, and commodity-wise freight revenue generation
Analysis of the various initiatives for freight services and freight marketing schemes
Analysis of the key drivers and challenges influencing the market
Analysis of the competitive landscape and detailed profiles of major players
Analysis of the major modernization plans and investment requirements of Indian Railways
Why Buy
Gain an understanding on the historical development and future growth prospects of the rail transport market in India and accordingly devise business strategies to gain from it
Develop marketing, market expansion, and other business strategies to establish a strong foothold in the market
Understand the major factors determining success in the market and identify key partnering prospects
Gain key knowledge on the business structure and strategies of competitors and respond accordingly
Make informed business decisions with the help of insightful recommendations provided to succeed in the Indian rail transport market
