Railways Identify Projects for 100 Per Cent Foreign Direct Investment
Posted on: 06/Dec/2014 4:03:54 PM
The Government of India has permitted 100 percent Foreign Direct Investment (FDI) in construction, operation and maintenance of:
- Suburban corridors through Public Private Partnership (PPP).
- High speed train projects.
- Dedicated freight lines.
- Rolling stock including trains sets and locomotive/coaches manufacturing and maintenance facilities.
- Railway electrification.
- Signaling system.
- Passenger terminal.
- Infrastructure in industrial park pertaining to railway line/siding.
- Mass Rapid Transport System.
Currently there are no operational projects of Suburban corridor through PPP, High speed train and Dedicated Freight Corridors. Also, Rolling Stock manufacturing and maintenance facilities, Railway Electrification, Signaling system, Freight terminals, Passenger terminals, Rail sidings in industrial parks are not separate profit centers on Indian Railways. In view of this, no revenue generation figures of the last five years are available.
This information was given by the Minister of State for Railways Shri Manoj Sinha in written reply to a question in Rajya Sabha.
