Railways approves Rail Corridor to connect Haryana with Gujarat Ports

NEW DELHI: The Union Railway Ministry has authorized the 129-kilometer South Haryana Economic Rail Corridor, which will connect the state to four ports in Gujarat.

ThiscorridorwillcrossRajasthan. The construction is scheduled to begin in a few years, since the ministryisnoworganizingasurveyof the semi-high speed rail corridor. For this survey, a budget of Rs31millionhasbeensetaside.

The corridor, which would cost Rs 12.25 billion, will run from Farrukhnagar in Gurgaon to Loharu in Bhiwani via Jhajjar and CharkhiDadri.

The Farrukhnagar-Loharu railway will be linked to Bahadurgarh and Sonipat in Haryana in the future as part of the continuing construction oftheOrbitalRailCorridor.

Existing railway lines from Delhi, Rajasthan,andGurgaonwillbelinked to the Farrukhnagar-Loharu section aswell.

“Afterconstructionofthecorridor, Haryana will have direct connectivity with four ports of Gujarat — Kandla, Mundra, Navlakhi and Jakhau — through this railway line. It will indirectly help connect Delhi with the four ports,” Rohtak MP Arvind Sharma stated, following his meeting with the Railway Minister Ashwini Vaishnaw.

The Haryana Government approved the project in 2022. Trains will be able to operate at speeds ranging from 130 to 160 kmph oncethelineiscompleted.

The Haryana Rail Infrastructure Development Corporation (HRIDC), a joint venture between the Indian Railways and the Haryana government, will carry out the project’sexecution.

HRIDC is currently building the Haryana Orbital Rail Corridor, which will link Palwal and Sonipat through Sohna, Manesar, and Kharkhoda. This new railway line will be capable of handling both passengerandfreighttrains.

The project’s goal is to shorten travel time for the region’s numerous industrialcentres.Officialsclaimthat once completed, the road from DelhiNCRtoGujaratwillbeshorter.

Automobile exports from India dip 28 % in Q1 as several markets hit by monetary crisis

NEW DELHI: Automobile exports from India declined 28 per cent in the April-June period this year hit by monetary crisis in Africa and various otherdevelopingcountries,according to the latest data shared by industry body SIAM. Overall exports stood at 10,32,449 units in the first quarter ended on June 30, 2023 as compared with14,25,967unitsinthesameperiod oflastyear.

"All vehicle segments have seen a drop in exports in the first quarter, as there has been a devaluation of currencies in many destinations of exports, especially in Africa and other developing countries," Society of Indian Automobile Manufacturers (SIAM) DGRajesh Menon said.

These countries have been facing challenges of availability of foreign exchange, which is limiting the sales for vehicles and countries are focusing more on imports of essential items,thoughthedemandforvehicles from consumers exists in these markets,headded.

Total passenger vehicle shipments stood at 1,52,156 units in the June quarter, down 5 per cent from 1,60,116 units in April-June periodof2022.

Passenger cars shipments dropped to 94,793 units in the period underreviewfrom1,04,400unitsinthe year-agoperiod.

Similarly,utilityvehicleshipments saw a marginal decline to 55,419 units in the first quarter this fiscal as against 55,547 units in the same periodoflastyear.

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