Besides, a solar powered multi-functional museum complex will come up and a restaurant named 'The Rails' would be set up. The complex will also have free Wi-Fi service.
NRM currently has about 2000 footfalls on weekdays and 5000 on weekends and holidays during daytime.
"Our aim is to make it a major tourist attraction for both children and adults by adding many more attractions," said a senior Railway Ministry official.
Railway Minister Suresh Prabhu had announced in his 2016-17 budget that promotion of tourism will be undertaken through rail museums and Unesco World Heritage Railway sites across the country.
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IRCTC, the railways' tourism and catering wing, has been entrusted with the task of installing and operating the light and sound show and also the restaurant.
NRM has been recently upgraded with installation of many historical outdoor exhibits, indoor gallery, coach/engine simulator, toy train ride, fountain and souvenir shops.
He said operationalising the restaurant will add immense value to NRM.
The official said efforts are on to provide free Wi-Fi service at the NRM and RelTel has been approached for it.
Rail India Technical and Economic Services (RITES) has been given the responsibility of preparing the preliminary design of the multi-functional complex at NRM. The complex will be green and environment friendly with provision of solar energy.