The Indian Railways is among the world’s 4th largest rail networks, behind only US, Russia and China. The Indian Railways route length network is spread over 115,000 km, with 12,617 passenger trains and 7,421 freight trains each day from 7,349 stations plying 23 million travellers and 3 million tonnes (MT) of freight daily. India's railway network is recognised as one of the largest railway systems in the world under single management.
FDI in railway industry in India can drastically change the face of Indian Railways with an inflow of technology and capital. There is immense room for development in the country’s railway system and a foreign investment can efficiently bridge the gap between the current scenario and technological advancement.
100% FDI in railway industry in India is allowed under the automatic route.
4th largest railway system in the world
4th largest rail freight carrier in the world
Single largest employer in India and 8th largest in the world
The Indian Railways' passenger earnings in 2017-18 have been the highest ever and clocked a 4.2% increase to $7.2 bn from $6.9 bn during the previous financial year
India was among the top 20 exporters of railways globally, as of 2017
India’s exports of railways have grown at a CAGR of 27.05% during 2010-2017 to $303.29 mn. Exports of railways in 2018 stood at $454.99 mn
Two Dedicated Freight Corridors (DFC), one on the Western route (Jawaharlal Nehru Port to Dadri) and another on the Eastern route (Ludhiana to Dankuni), have been fast-tracked
The Government of India has signed an agreement with the Government of Japan under which Japan will help India in the implementation of the Mumbai-Ahmedabad high speed rail corridor along with a financial assistance that would cover 81 per cent of the total project cost
Indian Railways is targeting to increase its freight traffic to 3.3 billion tonnes by 2030 from 1.1 billion tonnes in 2017
Will changes in FDI norms lead to more employment??
Policy Watch - Review of FDI Policy - FDI India
India Received Highest-Ever FDI Of Over $64 Billion In 2018-19
Cabinet decisions: 100?I in contract manufacturing under automatic route
The Big Picture - Wooing FDI - FDI India