High Speed Trains Soon Will Be In India

Even if the high-speed train project in the country to run away but still received government approval in principle to the field of foreign investment [ FDI ] is busy preparing for the opening . Also with the help of foreign capital in other areas of the railway network expansion blueprint was developed by the Ministry of Commerce . Cabinet note in this regard , the Ministry sent to the Ministry concerned .

According to sources, the Ministry of Commerce approved the proposal of the cabinet can get the same month . If so many of the cash -starved railway investment projects will find a new source . For foreign companies to invest in the country in which they will be new territory . Currently, FDI is not allowed in any area of ​​the railway .

Under the Department of Industrial Policy and Promotion , Ministry of Commerce

 hundred per cent FDI through the automatic route in this area has to offer .

Also licensed to other areas of railway and advocated open to foreign companies . The existing rail network linking the site to a litter of one per cent FDI include rail lines . These ports , mines and rail links connect major industrial hub . With the rapid industrial growth - exports will also help in delivering the goods to ports and reduce the cost of companies . Also suburban corridor and public-private partnership [ PPP ] Dedicated Freight Corridor Become proposal also involves opening up to FDI . However , the operation of trains and security sector will not be opened to foreign companies .