Archive · 22 Jan 2026
India's Shift to Multimodal Freight
India is moving towards a new way of transporting goods called multimodal freight.
This means using different types of transport like trucks, trains, and ships together.
The government's PM Gati Shakti plan is helping to connect these different transport methods better.
This change is good for the environment and can save money.
Three companies, Transport Corporation of India, JSW Infrastructure, and Adani Ports and Special Economic Zone, are doing well in this new system.
They are growing and making more money.
However, it will take time for this change to fully happen.
Investors should be patient because the benefits will come slowly.
India is shifting to multimodal freight transport to reduce costs and improve efficiency.
The PM Gati Shakti plan integrates railways, roads, and ports for better logistics.
Transport Corporation of India, JSW Infrastructure, and Adani Ports are key players in this shift.
These companies are showing steady growth and improving asset utilization.
Valuations are close to historical averages, indicating a long-term investment opportunity.
- Who
- Indian government, logistics companies (Transport Corporation of India, JSW Infrastructure, Adani Ports and Special Economic Zone)
- What
- Shift to multimodal freight transport in India
- When
- Ongoing, with long-term structural changes expected
- Where
- India, with focus on integrated rail, road, and port networks
- Why
- To reduce costs, save time, and make freight movement more predictable
- Transport Corporation of India Revenue (Q2 FY26)
- Rs 1,205 crore
- Transport Corporation of India Net Profit (Q2 FY26)
- Rs 114 crore
- JSW Infrastructure Revenue (Q3 FY25)
- Rs 3,839 crore
- JSW Infrastructure Net Profit (Q3 FY25)
- Rs 1,123 crore
- Adani Ports and Special Economic Zone Revenue (Q2 FY26)
- Rs 9,167 crore
- Adani Ports and Special Economic Zone Net Profit (Q2 FY26)
- Rs 3,120 crore
- Transport Corporation of India Share Price Change (1 Year)
- -10.5%
- JSW Infrastructure Share Price Change (1 Year)
- -8.9%
- Adani Ports and Special Economic Zone Share Price Change (1 Year)
- 19.7%
- Transport Corporation of India EV/EBITDA Ratio
- 12.2
- JSW Infrastructure EV/EBITDA Ratio
- 21.2
- Adani Ports and Special Economic Zone EV/EBITDA Ratio
- 16.3
- Transport Corporation of India ROCE
- 20.5%
- JSW Infrastructure ROCE
- 13.9%
- Adani Ports and Special Economic Zone ROCE
- 13.8%