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What is Indian Railways about?

The Indian Railways was on the verge of bankruptcy in 2001 but has since transformed into one of the most profitable railway networks in the world through innovative reforms. It now aims to further expand infrastructure and increase private sector involvement through public-private partnerships (PPPs). PPPs are seen as crucial for meeting the large infrastructure investment needs estimated at $425 billion. The Railways plans to use PPPs to develop new facilities for manufacturing locomotives, coaches and wh

Author

Raj Kumar

Language

EN