Suresh Prabhu opens railways for FDI

By K J Jacob  www.deccanchronicle.com

Kochi: Hopes on the Palakkad railway coach factory continue to flicker as it figures on the list of projects the Railway ministry has prepared for domestic or foreign direct investment.

The list, part of the ‘sectoral guidelines for domestic/foreign direct investment in Railways’, was released soon after Mr Suresh Prabhu assumed charge as Railway Minister on October 11.

The Ministry has also listed Ernakulam as one of the passenger terminals selected for renovation with fresh investment. The Mumbai-Ahmedabad and the Chennai-Bengaluru-Mysore high speed corridors also figure in it.

Hopes on the Palakkad railway coach factory continue to flicker as it figures on the list of projects the Railway Ministry has prepared for domestic or foreign direct investment.

The list, part of the  ‘sectoral guidelines for domestic/foreign direct investment in Railways,’  was released soon after Mr Suresh Prabhu assumed charge as Railway Minister on October 11. More info

Ilustratio photo Palakkad Railway Station 1 by hitchhawk

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