Mumbai - Indian Railways (IR) has planned a massive investment of Rs 16.7 lakh crore by 2031 for various infrastructure projects, as per a report by ICICI Securities.
According to the report, this investment will focus on station upgrades, freight corridors, high-speed rail (HSR) projects, and electrification of tracks to enhance railway operations.
The report said, “IR plans to invest approx. INR 16.7trn by 2031 in freight corridors, HSR, and station upgrades. Key projects include redeveloping 1,309 stations and expanding DFCs”.
It highlighted that IR is prioritizing the redevelopment of . . .
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