Indian Railways Attracts US$ 942 Million FDI Equity Inflows Over Last 11 Years, Including Under the Automatic Route, to Boost its Infrastructure

India, March 18 -- The Government of India has issued a release:

As per the Government's FDI Policy Circular dated 15.10.2020, as amended from time to time, 100% FDI is permitted under the automatic route under the Railway Infrastructure sector. The permitted areas include construction, operation and maintenance of the following:-

*           Suburban corridor projects through PPP,

*           High speed train projects;

*           Dedicated freight lines;

*           Rolling stock including trainsets and locomotives/coaches manufacturing ...