Maruti Suzuki India Limited's in-plant railway siding in Gujarat became the world's first modal shift transportation project to generate carbon credits under the Verified Carbon Standard (VCS) program of Verra. The automobile manufacturer announced on Wednesday that the project is registered
In this report, CareEdge Ratings has analysed the imminent shift in the mode of freight movements from roadways to railways and the underlying factors facilitating the transition. A dedicated freight corridor will boost the modal shift from road to rail, the rating agency reported.