Government urges private sector to invest in rail infrastructure

Image
IANS New Delhi
Last Updated : Oct 19 2016 | 8:29 PM IST

The government on Wednesday urged the private sector to invest in railway infrastructure.

According to Minister of State for Railways Rajen Gohain, Indian Railways offers an attractive and investment friendly environment.

"Need of the hour in Indian Railways is the massive investment and new technology without which we cannot move to become a world class transporter," Rajen Gohain said at an industry summit organised here.

"Thus, the plan is to increase investment to nearly one trillion rupees in the next decade," the minister said at 'Assocham International Summit on Invest Rail'.

--IANS

aks-rv/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 19 2016 | 8:16 PM IST

Next Story