FDI is also allowed in railway electrification and other systems
New Delhi: The government on Wednesday notified the liberalised FDI norms for the railways. Government has allowed 100 per cent FDI in the construction, operation and maintenance of high speed train projects, sub-urban corridor projects through PPP and dedicated freight lines.
Rolling stock including train sets and locomotives manufacturing and maintenance facilities has been opened. Foreign direct investment (FDI) is also allowed in railway electrification, signalling systems, freight and passenger terminals.
( Source : dc correspondent )
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