
Haryana: Railway minister, Saini launch India's largest cargo hub in Manesar
Union railway minister Ashwini Vaishnaw and Haryana chief minister Nayab Singh Saini on Tuesday inaugurated the country's biggest Gati Shakti Multi-Modal cargo terminal in Manesar, Haryana.
Developed under Prime Minister Narendra Modi's Gati Shakti National Master Plan, the mega facility aims to boost multimodal connectivity and streamline freight movement across the country.
Constructed at a cost of ₹117,091 million, the terminal is a joint initiative of the Haryana Rail Infrastructure Development Corporation Ltd (HRIDC) which holds a 55.4% stake, Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) with 19%, and the Gurugram Metropolitan Development Authority (GMDA) with 5%.
Lauding the rapid transformation of India's railway infrastructure under the current government, the Railway minister, on the occasion, said: 'In just 11 years, the annual railway budget has risen from ₹25,000 crore to ₹2.5 lakh crore. Haryana's allocation alone jumped from ₹315 crore before 2014 to over ₹3,400 crore,' he said.
The central minister also announced that 100 new Mainline Electric Multiple Unit (MEMU) trains and 50 Namo Bharat passenger trains will be launched.
He said, additionally, work is underway to upgrade 34 Amrit Bharat stations across Haryana. The construction of 540 railway overbridges and underpasses has also been completed in the state.
Vaishnaw also confirmed full electrification of Haryana's rail lines, and revealed plans to modernise the railway factory in Sonipat.
Stating that the 823 km of new tracks laid in Haryana surpass the rail network of the United Arab Emirates, he said that work is underway to develop 34 Amrit Bharat stations in the state.
On the occasion, chief minister Saini described the terminal as a 'milestone in Haryana's development journey' and a critical step toward realising the Prime Minister's vision of a developed India. 'This isn't just steel and concrete. It is a symbol of our nation's progress,' he said.
The terminal will connect vehicle consignments from Maruti's Manesar and Gurugram plants to 17 hubs across 380 Indian cities, as well as export destinations via ports like Pipavav and Mundra, said Saini.
Stating that Haryana has emerged as the country's leading automobile manufacturing hub, producing nearly 50% of India's cars, he said: 'The internal railway siding built by HRIDC at Maruti is a testimony to our 'ease of doing business' commitment.'
Later, the CM and the union minister together flagged off the first cargo train from the terminal.
On the occasion, Maruti Suzuki India MD & CEO Hisashi Takeuchi expressed confidence that the terminal would reinforce India's position as a global manufacturing and export hub.
'The project underscores our strong commitment to India's Net Zero emissions target 2070. It will contribute to avoiding 175,000 tonnes of CO2e emissions, saving 60 million litres of fuel annually at full capacity, and reducing road congestion. Lowering carbon emissions remains a top priority at Maruti Suzuki. We aim to achieve this, by increasing the share of vehicle dispatches through railways to 35% by FY 2030-31,' he added.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
14 minutes ago
- India.com
Indian Economy Remains A Key Driver Of Global Growth: RBI
New Delhi: Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth, underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, the Reserve Bank of India (RBI) said on Monday. The Reserve Bank, in the June 2025 issue of its 'Financial Stability Report (FSR)', said that elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. 'Financial markets remain volatile, especially core government bond markets, driven by shifting policy and geopolitical environment. Alongside, existing vulnerabilities such as soaring public debt levels and elevated asset valuations have the potential to amplify fresh shocks,' it read. However, the domestic financial system is exhibiting resilience fortified by healthy balance sheets of banks and non-banks, said the Central Bank. Financial conditions have eased supported by accommodative monetary policy and low volatility in financial markets. The strength of the corporate balance sheets also lends support to overall macroeconomic stability. 'The soundness and resilience of scheduled commercial banks (SCBs) are bolstered by robust capital buffers, multi-decadal low non-performing loans ratio and strong earnings,' the RBI report mentioned. Results of macro stress tests affirm that most SCBs have adequate capital buffers relative to the regulatory minimum even under adverse stress scenarios. Stress tests also validate the resilience of mutual funds and clearing corporations. 'Non-banking financial companies (NBFCs) remain healthy with sizable capital buffers, robust earnings and improving asset quality. The consolidated solvency ratio of the insurance sector also remains above the minimum threshold limit,' it noted. In this global milieu, the Indian economy remains a key driver of global growth. Growth momentum is buoyed by strong domestic growth drivers, sound macroeconomic fundamentals and prudent policies. 'Nonetheless, external spillovers and weather-related events could pose downside risks to growth. The outlook for inflation, on the other hand, is benign and there is greater confidence in the durable alignment of inflation with the Reserve Bank's target,' said Sanjay Malhotra, Governor, RBI. Financial sector regulators remain committed to protecting customers, promoting competition and fostering innovation as they strike the right balance between improving efficiency and growth, and safety and soundness. 'Financial stability, like price stability, is a necessary condition, and not a sufficient one to boost India's potential growth. As custodians of financial stability, we must endeavour to develop a well-functioning financial system that not only promotes macroeconomic stability but also provides financial services efficiently,' said Malhotra.


The Print
15 minutes ago
- The Print
BJP mum on growing proximity between Bangladesh and Pakistan: Owaisi
'They keep talking about Bangladeshi people settling in India illegally. What are Union Home Minister Amit Shah, intelligence agencies and BSF doing?' he questioned. Addressing a rally in Parbhani on Sunday, the Hyderabad MP said BJP members seem unable to comprehend the situation unfolding on the borders neighbouring India. Chhatrapati Sambhajinagar, June 30 (PTI) AIMIM chief Asaduddin Owaisi has alleged that the BJP was making a hue and cry over the influx of illegal Bangladeshi immigrants in India while ignoring the growing proximity between Bangladesh and Pakistan and the construction of an airbase by China. Owaisi claimed that after the interim government under Mohd Yunus assumed charge, the Navies of Bangladesh and Pakistan are conducting joint exercises. 'Pakistani leaders are meeting their Bangladeshi counterparts. China is building an airbase on the Bangladesh border. If war breaks out, it will expand to three fronts. Without reflecting on these threats, BJP members keep talking about illegal immigration from Bangladesh,' he said. Owaisi said Maharashtra Chief Minister Devendra Fadnavis had to scrap two GRs on the introduction of the third language in schools owing to strong opposition by the people who supported the precedence of the Marathi language in the state. The Hyderabad MP said diversity is the identity and hallmark of India. 'The RSS says India will have one language, culture, and ideology. If that happens, India will become a dictator state. We will not let that happen. India represents various hues, and we will ensure it remains that way,' he added. Owaisi also extended his support to Maratha quota activist Manoj Jarange, who has been agitating for the OBC quota. PTI AW NSK This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.


News18
15 minutes ago
- News18
India On Alert As Turkey Steps Up Military Support To Pakistan After Operation Sindoor
Last Updated: Pakistan is acquiring 80 KARGI drones from Turkey, raising security concerns for India. Turkey, Pakistan's second-largest arms supplier, supports its military. After suffering a huge blow from the Indian side during Operation Sindoor, Pakistan has been ramping up its drone arsenal and solidifying its defence ties with Turkey in what Indian officials describe as a 'dangerous and provocative military axis." According to intelligence sources, Pakistan is in advanced talks with Turkey to acquire 80 KARGI loitering munitions—autonomous drones capable of striking targets over a 500-nautical-mile radius, reaching altitudes of 15,000 feet, and delivering 18 kg warheads. The deal, estimated at $20 million, comes as part of a broader pattern of post-war replenishment, with Pakistan already receiving 50 YIHA UAVs without a formal contract and preparing to induct up to 550 more, supported by anti-jamming systems and ground control stations. The Turkey-Pakistan relationship has deepened dramatically in recent years. Based on shared geopolitical objectives and ideological leanings—particularly around Kashmir and pan-Islamic solidarity—the alliance has evolved into a full-spectrum strategic partnership. Turkey has become Pakistan's second-largest arms supplier after China, with Turkish arms exports to Pakistan rising 103% between 2015–2019 and 2020–2024. The key deals include: acquisition of Bayraktar TB2 drones and Kemankes cruise missiles, procurement of Asisguard Songar armed UAVs for tactical strikes, a $1.5 billion deal for four MILGEM-class corvettes to modernise Pakistan's navy and upgrades to Pakistan's Agosta 90B submarines. Turkey's Support For Pakistan During Op Sindoor Experts opine that the Pakistan-Turkey partnership continues to extend to joint ventures in satellite technology, cyber warfare, and space exploration, further complementing Pakistan's military capabilities. They view this axis as a multi-dimensional threat to India. With Pakistan investing heavily in loitering munitions, deception systems, and long-range targeting tools, India has stepped up its procurement of counter-drone systems, electronic warfare units, and is deepening security cooperation with countries like Greece and Armenia, both of which share strained ties with Turkey. First Published: