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

KEI Industries Faces Rs 80 Mn Daily Loss Amid Wage Dispute

KEI Industries Limited, one of India's prominent manufacturers of wires and cables, is encountering significant financial challenges, with reported losses amounting to Rs 8 crore per day. The company's operations have been severely impacted by a wage dispute, exacerbating its financial woes amidst broader economic pressures. The wage row has led to disruptions in KEI Industries' production and operational efficiency, affecting its ability to meet market demands and maintain profitability. This situation underscores the critical nature of resolving labour disputes swiftly to mitigate adverse i..

Next Story
Infrastructure Urban

Hyderabad Aims for World-Class Status

Telangana Chief Minister K Chandrasekhar Rao emphasized the state government's commitment to developing Hyderabad into one of the world's best cities. During a recent event, Rao highlighted several key initiatives aimed at enhancing the city's infrastructure, urban planning, and overall quality of life. He noted that the government's comprehensive approach includes substantial investments in various sectors to ensure sustainable growth and development. Rao detailed plans for significant improvements in transportation, including the expansion of metro rail services, upgrading road networks, an..

Next Story
Infrastructure Urban

Ferrari's First Electric Car Debuts

Ferrari is set to launch its first fully electric vehicle (EV), with a price tag exceeding $500,000, as reported by industry sources. This move marks Ferrari's entry into the electric vehicle market, aligning with the global shift towards sustainable mobility and reducing carbon emissions. Ferrari, electric vehicle, $500,000, sustainable mobility, carbon emissions. The new electric Ferrari, expected to debut in 2025, promises to uphold the brand's legacy of high performance and luxury. The vehicle will feature advanced technology, ensuring it delivers the iconic Ferrari driving experience desp..

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

Join us Telegram