Indian Railways to float tender to increase high speed mobility

NEW DELHI (Metro Rail News): Railways Ministry is going to float mega tenders for rail tracks. The tenders to be floated this month by the government has the biggest USP that it would be a big push for the Make in India. Private players will be invited and they will be asked to manufacture the rail tracks here in India to meet the requirement of the Indian Railways. Once, those requirements are met then efforts shall also be made to increase the exports.

Along with this multi 100 crores tenders, the Railway ministry has a clause of assured off-take every year from the private players, a separate or new manufacturing unit could be set up by the private players. The tracks will have high parameters the Global standard is going to meet from this tender.