As the Indian economy begins to fire up its engines more efforts are need to promote connectivity – of goods and people. The construction of rail lines alongside key road expressways across the country is aptly timed.
The Indian Railways is upping its game to capture a larger slice of Indian freight traffic from the road transport sector – a target of 50 per cent share of the country’s total freight traffic by 2030. This includes many measures and slowly phasing out cross-subsidies that have made the cost of logistics in India prohibitive for businesses.
The Indian Railways has invited domestic and foreign players to run 151 trains on 109 pairs of routes and expects the first private train to roll out by April 2023. This could change the paradigm of Indian Railways and throw open a new growth sector for Indian and foreign companies.
Ling Fang, Senior Vice-President - Asia-Pacific of Alstom, who have recently delivered its first electric locomotive to India, discusses the first ‘Made in India’ electric locomotive, and how Alstom is helping Indian Railways to become world’s first 100 per cent green rail system.
Japan’s high speed train, with its promise of speed, reliability and safety, to be created on the Mumbai-Ahmedabad route over the next seven years is a significant milestone in India-Japan ties, says Japan expert Dr Rajaram Panda.