Railways to get ₹2.4L cr for future upgrades - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Railways to get ₹2.4L cr for future upgrades

The allocation for purchasing rolling stock has been more than doubled to ₹37,581 crore from the revised estimates of 2022-23. This, experts said, will help in getting more indigenously developed Vande Bharat trains into the system and in procurement of freight wagons. Vivek Lohia, managing director at Jupiter Wagons, a supplier of wagons to Indian Railways, said the capital outlay will strengthen the railways' infrastructure.

from Industry-Economic Times
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