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Indian Railways to Attract the Big Fishes With the Investment Plan of INR 8.5 Lakh Crores Till 2020

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Wooing the banking and financial sector, Railway Minister Suresh Prabhu has rolled out ambitious investment plan of Rs 8.5 lakh crore in the coming five years in the public transporter.

Source – ET

SNP Insights:

With the drive from the railway budget, the Indian Railways is witnessing various initiatives of modernization and network expansion. Massive investments have been planned, which magnetize the sector players to look into railways as an opportunity pool not only for Indian players, but also for the foreign participants. The major infrastructure giants and investors are eyeing on the key projects such as Dedicated Freight Corridor, High Speed Rail, and Station Development. However, to keep up the pace of whooping investments and attractiveness, the IR has to get the projects going without any future delays.   

Source – SNP Infra Research