Indian Railways (IR) has set massive network expansion and decongestion targets for the next four to five years. It plans to undertake over 17,000 km of new line, doubling and gauge conversion works by 2024. Besides, it plans to electrify at least 28,000 rkm of railway network by 2023. However, the outbreak of COVID-19 pandemic has put a halt on the ongoing and planned projects across the country. Bids are being postponed, announced/approved projects are on hold and factors such as shortages of raw materials and labour are delaying the ongoing projects. Also, IR is facing massive revenue losses due to the temporary suspension of passenger operations.
In this background, India Infrastructure Research has released its Railways in India report with an aim to conduct a realistic assessment and analyse the impact of COVID-19 on ongoing, under bidding and announced projects, financial/operational performance, upcoming opportunities, investments, supply chain, input costs, etc. The report will also cover the recent developments, new government initiatives and relief measures to fastrack project implementation as well as provide an outlook for the sector for the next 4-5 years.
The report will provide you the following:
- A comprehensive assessment of sector trends and developments
- Update on mega projects such as DFC, HSR, station redevelopment, RRTS, etc.
- Advancements in rolling stock, tracks and signalling systems
- Market presence of major contractors and developers in the sector
- Targets and achievements in terms of network expansion and decongestion
- Investment requirements for the next five years
- Projects in the pipeline, upcoming tenders and opportunities
Railways in India – June 2020
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