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Government urges private sector to invest in rail infrastructure

IANS  |  New Delhi 

The government on Wednesday urged the private sector to invest in railway infrastructure.

According to Minister of State for Railways Rajen Gohain, Indian Railways offers an attractive and investment friendly environment.

"Need of the hour in Indian Railways is the massive investment and new technology without which we cannot move to become a world class transporter," Rajen Gohain said at an industry summit organised here.

"Thus, the plan is to increase investment to nearly one trillion rupees in the next decade," the minister said at 'Assocham International Summit on Invest Rail'.

--IANS

aks-rv/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Government urges private sector to invest in rail infrastructure

The government on Wednesday urged the private sector to invest in railway infrastructure.

The government on Wednesday urged the private sector to invest in railway infrastructure.

According to Minister of State for Railways Rajen Gohain, Indian Railways offers an attractive and investment friendly environment.

"Need of the hour in Indian Railways is the massive investment and new technology without which we cannot move to become a world class transporter," Rajen Gohain said at an industry summit organised here.

"Thus, the plan is to increase investment to nearly one trillion rupees in the next decade," the minister said at 'Assocham International Summit on Invest Rail'.

--IANS

aks-rv/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Government urges private sector to invest in rail infrastructure

The government on Wednesday urged the private sector to invest in railway infrastructure.

According to Minister of State for Railways Rajen Gohain, Indian Railways offers an attractive and investment friendly environment.

"Need of the hour in Indian Railways is the massive investment and new technology without which we cannot move to become a world class transporter," Rajen Gohain said at an industry summit organised here.

"Thus, the plan is to increase investment to nearly one trillion rupees in the next decade," the minister said at 'Assocham International Summit on Invest Rail'.

--IANS

aks-rv/vt

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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