Key Market Indicators
India's railway network is projected to expand to 70,110 route kilometers by 2028, up from 68,800 route kilometers in 2023. This represents an average annual growth rate of 0.3%. Since the year 2000, the length of India's railway routes has seen a slight annual decline of 0.1%. In 2023, India held the fourth position in global rankings for railway length, trailing Russia, which also reported 68,800 route kilometers. China, Russia, and India occupied the second, third, and fourth ranks respectively in this global ranking.
