Indian state railway IR has announced an investment plan of €18.1 billion (INR 1.67 trillion) by 2031, focusing on the modernisation of railway stations, high-speed rail (HSR) projects, Dedicated Freight Corridors (DFC), and the electrification of lines. The Indian government plans to modernise 1,309 railway stations and expand the DFCs. The HSR lines are being expanded, although the immediate investment framework is limited. The eastern and western DFCs have been completed and three more are under development. By February 2024, work has started on 508 stations and the foundation stone has been laid for 553 more.
