The Government has notified new foreign direct investment norms for the Railways allowing 100 per cent foreign investments through the automatic route in a number of areas.
These major areas outlined are as follows
- suburban corridor projects through the public private partnership (PPP) route,
- high-speed train systems,
- rolling stock including trans sets,
- coaches manufacturing and maintenance facilities,
- railway electrification,
- signalling systems,
- freight terminals,
- passenger terminals and infrastructure in industrial parks like railway line and sidings.
However, FDI will not be allowed in train operations and safety.
Policy has been annonced .Now we have to wait & watch how much FDI is eally coming . It should not be like allowing FDI in Multi Brand retail in which response has been very por
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