Railways new track: 17 sectors could get 100% foreign, private invests

Discussion in 'Politics & Society' started by Ray, Nov 12, 2014.

  1. Ray

    Ray The Chairman Defence Professionals Moderator

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    This is an indication of 'Minimum Govt and Maximum Governance'.

    Indeed, if profits become the driving factor, it will be the sign that efficiency is there to ensure it.

    It will surely attract investments from both the domestic and foreign investors.

    However, unless the powerful railway unions are tamed, it maybe difficult since the unions are well entrenched and are millstones around the neck for any efficiency to emerge.
     
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  3. SLASH

    SLASH Senior Member Senior Member

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    Re: Railways new track: 17 sectors could get 100% foreign, private inv

    I hope coach building get much needed attention. Our coaches are decades behind other countries. Indian companies have done good with whatever resources they had, but foreign companies with partnership or wholly owned can deliver better products. Passenger safety with respect to coaches would be better handled by European or Japanese coach manufacturers.
     
  4. pmaitra

    pmaitra Moderator Moderator

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    Re: Railways new track: 17 sectors could get 100% foreign, private inv

    I am interested to know what the guidelines are for the new rail corridors. I hope they mandate broad gauge for all sectors outside of hilly regions.

    @SLASH, we are already making coaches with collaboration with Alstom.

    Our locomotives are built with collaboration with GE, Alco, Hitachi, ABB, Siemens, to name a few.
     
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