Railways to spend Rs 15,000 crore on overhaul of coaches

Indian Railways produces 3,000 coaches every year, phases out 1,000 coaches

The Indian Railways will invest Rs 15,000 crore in retrofitment of coaches over the six years starting the current financial year.

“It has been planned to induct about 40,000 coaches with upgraded interiors by 2022-23. The approximate cost for refurbishing each coach will come to around Rs 30 lakh,” Union railway minister Suresh Prabhu said on Tuesday.

He added that from April 2018 onwards the Railways will stop producing the current Integral Coach Factory (ICF) coaches and will focus on producing only Linke Hoffman Busch (LHB) coaches designed by Alstom Germany.