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India

Re-elected government to invest up to €134 billion in railways

The government of India's re-elected Prime Minister Narendra Modi has confirmed plans to invest around €112-134 million (INR 10-12 trillion) in India's railway network over the next five years. The Modi 3.0 Mega Plan aims to significantly improve the country's railway network by introducing various facilities. Specific measures include the introduction of three types of domestically produced Vande Bharat electric multiple units (EMU) across the country, the completion of the Mumbai – Ahmedabad high-speed rail (HSR) line, scheduled for April 2029, and conducting a feasibility study for three more HSR lines in the north, south, and east of India. In addition, the government plans to modernise 1,300 railway stations with the support of private partners and extend other metro lines in cities across the country. Indian state railway IR will also introduce more Vande Bharat sleeper trains, which will be manufactured by BEML. IR also plans to operate a total of 50 250 km/h Amrit Bharat trains in 2024. In addition, IR has instructed the Integral Coach Factory (ICF) to produce two standard gauge, eight-car 250 km/h high-speed trains (HST) within the current financial year.