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Upgradation and Expansion Projects of Indian Railways: An investment of USD 120 Billion by 2020.

News

A whopping investment of USD 120 billion will be made in next five years in the cash-strapped railways.

Source – Rail News

SNP Insights

To compensate the backlog of low development in the past years, Indian Railways is targeting massive investment of USD 120 Billion for the upgradation and expansion projects by 2020.  This seems to pave way for reforms like FDI in certain segments of railways such as coach manufacturing, station development, high speed network etc. Also, this would open up huge opportunity for the domestic players and indigenous manufacturers. However, the question of funding sources, mode of execution and clearances has to be addressed in fine lines for the faster implementation of the projects.  

Source – SNP Infra Research