19 January , 2023 Fdiindia
First Global Rail-Trans Expo 2023 of India to be hosted in New Delhi
The railway network of India is known as one of the largest railway systems of the world under single management. It is ideal for long distance travel and movement of bulk commodities too, apart from being an energy-efficient and economic mode of conveyance and transport. The most preferred carrier of the nation’s automobiles is the Indian Railways.
The focus of the government of India is on investing in the infrastructure of the railways via making investor-friendly policies. They have quickly decided to enable Foreign Direct Investment (FDI) in railways, in order to improve infrastructure for freight and high speed trains. Currently, a lot of domestic and foreign organizations are contemplating to invest in the Rail projects of India.
“Rail-Trans Expo 2023 is an exciting, all – new exhibition which highlights the very best innovation from across the full spectrum of the Rail, Metro and Transportation Industry” Mamta Shah, CEO of Urban Infra Group said.
As per the study report issued by the ICRA, Rs 80,000 crore will be generated by the Indian Metro Rail Projects, regarding investment opportunities for construction companies in the next 5 years.
In light of the above statement, an announcement has been made by the Urban Infra Group regarding the dates of the first ever Rail Trans Expo 2023, which is a common platform for the industry of Rail, Metro and Transportation where the providers of rail technology, railway innovators, multi-mode transit integrators, OEMs, Suppliers, Buyers, and Investors can collaborate together at the same place. The hosting of the Rail-Trans Expo 2023 is scheduled on 25th and 26th May, 2023 in Delhi-NCR, India.
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