Indian Railways’ Initiatives to Encourage Foreign Investors for Making Investment Under ‘Make In India’ Programme

Source:  www.business-standard.com

The Ministry of Railways in November, 2014 have issued Sectoral Guidelines for permitting Domestic/Foreign Direct Investment (FDI) in construction, operation and maintenance in the following identified areas:-

i) Suburban corridors through Public Private Partnership (PPP), ii) High Speed train projects, iii) Dedicated freight lines iv) Rolling stock including trains sets and locomotive/coaches manufacturing and maintenance facilities v) Railway electrification vi) Signalling system vii) Freight terminals viii) Passenger terminals ix) Testing facilities and laboratories x) Non-Conventional Sources of Energy xi) Railways Technical Training Institutes xii) Concessioning of standalone passenger corridors (branch lines, hill railways etc.) xiii) Mechanized laundry, xiv) Rolling stock procurement, xv) Bio-toilets, xvi) Technological solution for manned and unmanned level crossings, xvii) Technological solutions to improve Safety and reduce accidents. More info

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