Experts highlight strategies for development and modernisation of Indian railways
RAILWAYS & METRO RAIL

Experts highlight strategies for development and modernisation of Indian railways

Government officials, industry leaders and experts congregated for the Rail India Conference & Expo 2022 to exchange insights on the strategic developments, technological advancements, challenges and solutions towards the ongoing multi-faceted modernisation of the Indian Railways. The forum lar...

Government officials, industry leaders and experts congregated for the Rail India Conference & Expo 2022 to exchange insights on the strategic developments, technological advancements, challenges and solutions towards the ongoing multi-faceted modernisation of the Indian Railways. The forum largely focussed on key topics including, policies, technological and infrastructure development initiatives including locomotive technology, station development and modernisation, dedicated freight corridors, and PPP or BOOT investment model. One of the highlighted projects of the Indian Railways is the technology-driven modernisation of infrastructure and rolling stock. Speaking about the latest railway projects and investment plans of the Indian government, Anil Kumar Khandelwal, Principal Executive Director (Gati Shakti), Railway Board, Ministry of Railways, shared: “Indian Railways is on the path of infrastructure development. We are going ahead in demand to meet the needs of the emerging economy and the logistic requirements of the Indian market. We have privatised our projects and devised ’Mission 3000’ wherein we shall be planning to complete about 40,000 km of new tracks, and 12,000 km of signalling and telecommunication infrastructure. We also aim to complete all electrification by next year. We are also planning to launch 400 new rolling stock and modern train sets for a better passenger experience and procure about 2,000 heavy-duty modern locomotives for heavy haul trades. Plans for the development of 200 railway stations are also in place.” Sudhendu J Sinha, Adviser, Infrastructure Connectivity – Transport and Electric Mobility, NITI Aayog, who was part of the panel, discussed NITI Aayog's policy support for Indian Railways: “It is evident that if we want to take infrastructure on a huge scale, we cannot depend on the government funds alone. We also need to attract private finances. The PPP schemes and the asset monetisation pipeline which NITI Aayog is driving are some of the stellar initiatives implemented for this cause. In addition, for all the projects that reach out to us, we always try to go in for a PPP model. We should try to create a virtuous cycle of private finance and the government and public funds so that we are taking it forward together.” The conference proved to be a highly-encouraging platform for railway technology builders and solution providers to pitch their ideas forward.

Next Story
Infrastructure Urban

JSW Infrastructure to Invest Rs 150 Billion in Port Expansion

JSW Infrastructure plans to invest Rs 150 billion over the next three years, primarily in port development, and an additional Rs 90 billion over five years in logistics. Of the logistics budget, Rs 10 billion has already been spent on acquiring Navkar Corporation. According to Lalit Singhvi, Whole-time Director and CFO, the company’s greenfield port projects, including Jatadhar, Keni, and Murbe, are on track for completion within two to three years. Brownfield expansions at Jaigarh and Dharamtar are also progressing, with operations expected to begin within 18 months. Meanwhile, the Goa..

Next Story
Infrastructure Urban

Indian Auto Sector Set for 70% Workforce Expansion in H2 FY25

The Indian automotive sector, contributing around 7% to the country’s GDP, is expected to see a 70% workforce expansion in the second half of FY25, according to a report by TeamLease Services. The sector is witnessing an 8.5% net employment change, driven by rising demand for electric vehicles (EVs), premium models, and high-tech connected automobiles. With companies ramping up EV production and integrating advanced technologies, there is a surge in demand for specialised roles, including robotics experts, software engineers, and supply chain managers. Chennai (63%), Mumbai (62%), and D..

Next Story
Infrastructure Transport

91% of Airport Capex Target Achieved: Economic Survey

The Economic Survey reports that over 90% of the planned capital expenditure on airports between FY20 and FY25 has been achieved by private operators and the Airports Authority of India (AAI). Of the total target, AAI’s contribution is approximately Rs 250 billion, with the remaining investment coming from airport developers under the PPP model. As part of the PM Gati Shakti initiative, the government aims to establish a seamless multimodal connectivity network, integrating aviation with railways, roads, and waterways. Additionally, in the aircraft maintenance, repair, and overhaul (MRO..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000