Indian Railways to invest about Rs 2,000-cr for expansion

Capacity of Rae Bareli coach factory alone is to be increased five times to 5,000 coaches a year

Railway Minister Piyush Goyal today said Indian Railways will be making an investment of around Rs 2,000 crore, in the next couple of years, for expansion of its various manufacturing units across the country.

The capacity of the Rae Bareli coach factory alone is expected to be increased five times to 5,000 coaches per year, the minister said at a CII event in New Delhi. However, he did not divulge the timeline for the same.

The Indian Railways manufacturing capacity from its three factories — Intergral Coach Factory, Chennai (Tamil Nadu), Modern Coach Factory, Rae Bareli (Uttar Pradesh) and