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61.5.8 Rolling Stock Projects

New revenue streams are being created in Rolling Stock Sector with initiatives
such as Construction of Rolling Stock Factory at Chiplun, Smart Yard Project for
Indian Railways, Export of Rolling Stock to Nepal and efforts made for Export of
Wheel Sets.

62. Risks and Area of Concerns

62.1 Changes in Freight & Passenger Fares

The freight and passenger fares are decided by Ministry of Railways and the
changes may or may not be favorable to Konkan Railway.

62.2 Changes in Trafc pattern

Majority of freight trafc on Corporation is cross, food grain & fertilizer trafc. The
pattern of freight trafc is not xed but changing all the time depending upon
various factors like production, supply and demand.

62.3 Change due to Covid-19 Lockdown

The earnings for the last week of March, 2020 and the 1st quarter of 2020-21
would be badly affected keeping all other expenses intact adding extra expenses
as measures toward Covid-19 precautions.

63. ACKNOWLEDGEMENT

The Board of Directors gratefully acknowledge the assistance, active support and
guidance received from the Ministry of Railways, Government of India, as well as
from the State Governments of Maharashtra, Goa, Karnataka and Kerala. The
Board of Directors express deep appreciation of the valuable contribution made
by the ofcers and employees of the Corporation during the year under review.

For and on behalf of the Board of Directors

Sd/-
Sanjay Gupta
Place: Navi Mumbai Chairman and Managing Director
Date: 30th July, 2020 DIN 06710604

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