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Bharat Forge, Siemens, L&T among 23 firms express interest on running private trains in India

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The plan by Indian Railways to operate private trains on its tracks created strong interest from a number of private companies. This is the first private investment project into the Indian Railway Network for operating passenger trains. The project would entail private sector investment of about Rs 30,000 crore.
16 companies had participated in the first meeting as India began opening up its rail system to private businesses to operate passenger trains. Bombardier, Alstom, Siemens, GMR Infra, Bharat Forge, BEML, L&T Infra participated in the meeting for running private train.
IRCTC, BHEL, CAF, Medha Group, Sterlite, JKB infrastructure and Titagarh Wagons Limited have also shown interest in running private trains in india.
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16 companies had participated in the first meeting as India began opening up its rail system to private businesses to operate passenger trains. Bombardier, Alstom, Siemens, GMR Infra, Bharat Forge, BEML, L&T Infra participated in the meeting for running private train.
IRCTC, BHEL, CAF, Medha Group, Sterlite, JKB infrastructure and Titagarh Wagons Limited have also shown interest in running private trains in india.
---------------------------------------------------------------------------------------------------------
BizVd is one of the best and fastest growing India's Business portal that brings all the business news at your fingertips. BizVD delivers complete and uninterrupted access to the latest stock market, financial market, commodity, business, and economy. Receive alerts on global stock positions, track your portfolio, personalize news, and notifications to fit your preferences.
---------------------------------------------------------------------------------------------------------
Follow Our Social Media Links:
---------------------------------------------------------------------------------------------------------
#BizVd #BusinessNews #BharatForge #Siemens #L&T #Indian Railways