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VIDEO INTRODUCTION:
Since the past 5 years, India has been trying very hard to compete with the Chinese economy! And whenever we speak about competing with China, the Indian media houses talk about how the chinese population is sinking and our population is booming!! How their population is aging and our population is young and strong!! And every other media house is selling us a dream that India will surpass the chinese economy in the next few decades!!
But you know what guys, one of the most important metrics that China has mastered and India severely lacks is the logistical superpower of the country!! And I am sorry to say this but the Indian logistics system is disastorously broken!!
One major example is freight trains – they carry large amounts of goods across the country, and are essentially the lifeline of Indian trade. The average speed of these freight trains in India is just 25 kmphr!! Thats slower than your activa! And this points towards a very very critical problem which will stifle India’s growth in the next 3 decades!!
To solve this problem, India is building something called the Dedicated freight corridors!!
In this case study, lets dig deep deep and understand
Why is the Indian freight train system so messed up?
How is this hampering the growth of our country?
What is India doing to fix this problem?
And most importantly as students of business, what are the study materials to help you understand this logistical night mare of India??
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✅ Study Materials:
https://www.businesstoday.in/latest/top-story/story/at-06-km-construction-per-day-clouds-over-jun-2022-completion-target-of-freight-corridor-302227-2021-07-23
https://dfccil.com/upload/DFC_write_up_GHG_emission_analysis2003_23012015.pdf
https://swarajyamag.com/infrastructure/indian-railways-dedicated-freight-corridor-will-change-more-than-just-the-way-goods-are-hauled
https://www.worldbank.org/en/news/feature/2021/01/12/india-takes-a-quantum-leap-in-building-new-freight-corridors
https://www.livemint.com/Money/fzAZ8hyYWauiQkWVOrMesI/When-it-comes-to-moving-things-Indians-just-hit-the-road.html
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