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India’s GDP might increase by Rs 160 bn with dedicated freight lanes

October 30, 2024 2 min read
author Anamika Mishra, Sub Editor
According to DFCCIL, the operationalization of the WDFC has resulted in a significant reduction in freight costs and journey durations. India’s dedicated freight corridors (DFCs) are expected to increase the nation’s GDP by Rs 160 billion, according to a recent study by the University of New South Wales (UNSW) in Australia.The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) released the findings, which demonstrate the corridors’ revolutionary economic effects, especially the Western Dedicated Freight Corridor (WDFC). According to DFCCIL, the operationalization of the WDFC has resulted in a significant reduction in freight costs and journey durations, which has caused a 0.5% decrease in commodity prices.

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