Indian Railways Aims for Rs 54 Bn from Scrap Sales

27 Apr 2024 CW Team

Indian Railways sets its sights on generating Rs 54 billion through the sale of scrap materials, aiming to leverage its vast network and resources for additional revenue generation. This ambitious target reflects the railway's commitment to optimising its assets and exploring new avenues for financial sustainability.

The initiative to monetize scrap materials aligns with Indian Railways' broader strategy to diversify its revenue streams and reduce dependence on traditional sources of funding. By tapping into the potential of scrap sales, the railway aims to unlock value from unused or decommissioned assets, contributing to its financial health and operational efficiency.

The sale of scrap materials encompasses a wide range of items, including old locomotives, coaches, tracks, and other infrastructure components. Indian Railways plans to leverage its extensive network and infrastructure to streamline the scrap disposal process, ensuring efficient collection, processing, and sale of materials.

Moreover, the revenue generated from scrap sales can be reinvested into critical infrastructure projects, modernization initiatives, and service enhancements, ultimately benefiting passengers and stakeholders alike. By maximising the value of its assets, Indian Railways aims to strengthen its position as a key player in India's transportation sector while driving economic growth and development.

The railway's ambitious target underscores its proactive approach towards resource management and revenue optimization, signaling a commitment to financial sustainability and operational excellence. As Indian Railways continue to explore innovative strategies for revenue generation, the sale of scrap materials presents a promising opportunity to harness untapped value and support the railway's long-term growth objectives.

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..