Southern Rly eyes Rs.500 cr

The Southern Railway - which caters to the Chennai automobile cluster - has set a target of generating at least Rs 500 crore in the auto segment in 10 years time. This entails growing revenue at a compounded annual growth rate of 30 per cent. The division also seeks to take the rail share to 50 per cent in the container-based export market, generating annual revenue of Rs 60 crore. Contact: The Southern Railway. Website: www.sr.indianrailways.gov.in