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Indian Railways Infrastructure Development to Spur With Investment Worth USD 140 Billion

News

Japan has agreed to modernize railway stations across the country while participating in Indian Railways' $140 billion investment plan over the next five years. 

Source – ET

SNP Insights:

The station modernization of Indian Railways in PPP mode has attracted many foreign investors including Japan. Partnerships with such pioneers in rail technology seems to help IR in solving issues of technology, sanitation etc and even can get assistance for better policy framework for IR. The massive investment plan of INR 140 billion towards IR development and up gradation has opened up huge opportunity for the investors, contractors, manufacturers and EPC players.

Source – SNP Infra Research