Tuesday, May 26, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects Infrastructure

NITI Aayog approves Rs.18,000cr for high-speed rails

Fiinews by Fiinews
July 24, 2017
in Infrastructure, Projects, Technology
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Railways looking for cutting-edge technology.

The National Institute for Transforming India, NITI Aayog, has approved Rs.18,000 crore investment for high-speed rail projects for Delhi-Mumbai and Delhi-Kolkata, Union Minister for Railways, Suresh Prabhu has told ASSOCHAM.

“We are working on Gatiman Express which is India’s fastest train at 180 km per hour and trying for Mumbai-Delhi and Delhi-Kolkata which are major routes with a maximum speed of 200 km per hour (kmph),” he said.

NITI Aayog has approved Rs.18,000 crore investment for the two projects, added Prabhu at the inauguration of an ASSOCHAM International Conference “RAILTECH 2017” in New Delhi on 21 July, 2017.

The Railways Ministry is working with many countries to increase the speed of operations, including France, he disclosed.

“There are a lot of advanced stage studies which we will start implementing in the next few months’ time,” the Minister said.

He added that the Government is aiming to introduce cutting-edge railway technology of future which will not only be imported but co-developed in India.

Automatic track laying machines, being used on Dedicated Freight Corridor, now on be tried on rail projects across the country. The track laying technology lays eight km per day of tracks, up from three km. The target is to lay 20 km per day of tracks in the next three years, he said.

The optimal technology cost has increased from Rs.30,000 crore a year to almost Rs.2,75,000 crore in the last 2.5 years, reflecting the government’s commitment to accelerate rail network development.

France’s transport giant Alstom is going to bring in the best cutting-edge technology, with least fuel consumption will be manufactured in India later this year, said Prabhu.

Another locomotive factory would be set up in West Bengal, added Prabhu, saying Siemens was among the global players with plans for the Indian market. fii-news.com

Tags: Ministry of RailwaysNiti Aayog
ShareTweetShare

Related Posts

VergeCloud
Technology

Tech: VergeCloud launches programme for startups

by Fiinews
May 26, 2026
0
13

Singh aims to empower startups across Karnataka and beyond Bangalore-based VergeCloud, in official collaboration with the Karnataka Digital Economy Mission...

SSP
Technology

Tech: LTM to modernize SSP Group services

by Fiinews
May 26, 2026
0
19

Wood wants to accelerate transformation, enhance efficiency, improve support operations at SSP LTM, the Business Creativity partner to the world’s...

PIB

Project: Minister wants extensive leverage of AI

May 26, 2026
15
Invest India

Project: Govt gives update on infra developments

May 26, 2026
17
Hysea

Tech: AI constrained by data ecosystem

May 26, 2026
14
NGI

Project: NHAI signs MoU with NGI in Oslo

May 24, 2026
20
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: VergeCloud launches programme for startups
  • Market: Securonix to manage services for airports
  • Tech: LTM to modernize SSP Group services
  • Market: Indian innovators seek EU opportunity
  • Project: Minister wants extensive leverage of AI

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.