Introduction

The Indian Railways is among the world’s largest rail networks. Indian railways has a massive network comprising a track length of about 115,000 km with 2,617 passenger trains and 7,421 freight trains each day from 7,349 stations plying 23 million travellers and 3 million tonnes (MT) of freight daily. India’s railway network is recognised as one of the largest railway systems in the world under single management.

India has ambitious targets to be achieved by 2020. These include higher average speeds for trains, significant network expansion with the addition of new railway lines spanning 1700 km, the commissioning of the DFC and redevelopment of major stations. Moreover 10,000 km has been targeted for electrification, besides the construction of additional electrified double tracks. Indian railways also plans to generate about 1000MW of energy through solar power to meet its requirement.

With eight metro rail networks spread over a length of 370 kilometres (km) and over two dozen metro projects lined up, India’s metro rail network is expanding at a fast pace. The Government of India has allocated US$ 2.21 billion for metro projects in Budget 2018-19.

Current Developments

The Government of India is going to come up with a ‘National Rail Plan’ which will enable the country to integrate its rail network with other modes of transport and develop a multi-modal transportation network.

The Government of India has signed an agreement with the Government of Japan under which Japan will help India in the implementation of the Mumbai-Ahmedabad high speed rail corridor along with a financial assistance that would cover 81 per cent of the total project cost.

Indian Railways is targeting to increase its freight traffic to 3.3 billion tonnes by 2030 from 1.1 billion tonnes in 2017.

Indian Railways has chalked out an investment plan of Rs. 8.56 trillion for undertaking the redevelopment of 400 railway station to meet international standards. Out of 8.56 trillion about Rs. 3.92 trillion will be utilised for network decongestion and expansion, followed by safety enhancement works (Rs. 1.27 trillion) and the procurement of rolling stock (Rs. 1.02 trillion).

The Cabinet Committee on Economic Affairs (CCEA) has approved nine projects worth Rs 24,374.86 crore (US$ 3.63 billion) for expansion of railway network and connectivity in Assam, Jharkhand, Chattisgarh and Maharashtra, Uttar Pradesh and Madhya Pradesh, Madhya Pradesh and Maharashtra, Telangana and Maharashtra, Andhra Pradesh, Odisha and Chattisgarh which is expected to ease traffic bottlenecks and help the upcoming industries in the region and additional transport capacity to meet their requirements.

Ministry of Railways has signed a Memorandum of Cooperation (MoC) and Memorandum of Understanding (MoU) with governments and national railways of Japan and Russia for cooperation in areas such as high speed corridors, speed raising of existing routes, development of world class stations, heavy haul operations and modernisation of rail infrastructure.

Indian Railways plans to build seven high-speed rail corridors to provide faster rail connectivity across the country along with making a provision of USD17 million, for high speed train project

Future Plans

Indian Railways plans to build 7 high-speed rail corridors to provide faster rail connectivity across the country, for high speed train project, at a cost of US$ 17 million.

Recently government announced intentions to develop 180 kms Delhi-Rewari-Alwar Regional Rapid Transport System with an investment of around US$5.5 billion. The project would enable passengers to travel from Delhi to Alwar in just 104 mins.

The Government of India plans to invest around Rs 330,000 crore (US$ 49.21 billion) for setting up three new arms of the Dedicated Railway Freight Corridors (DFC), crisscrossing the length and breadth of the country, in the next eight years.

The Ministry of Railways is planning to build a 240 km broad gauge railway line to connect Port Blair & Diglipur, in Northern Andaman island at an estimated cost of US$ 359.01 million. This proposed line will immensely improve the tourism sector on the island.

Indian Railway is planning to spend 10 billion – 15 billion annually for track maintaining. Indian Railways has planned to introduce self-propelled ultrasonic rail testing cars, digital ultrasonic flaw detection machines, improvement in welding system for track maintaining, broken rail detection system and video monitoring of rail components to maintain railway tracks.

KRS Infra Ventures engaged in marketing equipments & services for development of Railway Infrastructure are:

Track construction and Maintenance Equipment | Safety, Security and Communication Equipment | Locomotive Parts & Equipment | Bogies/Wagon parts and Equipment | Rolling Stocks| Rails and other Allied Services.

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