ISO 9001:2015 Certified
closex Call Us 11-23320714, 23721504, ficci@ficci.com

 Upcoming Event
to forge a partnership on Technology Commercialization Initiative, FICCI-AMITY and IC2 Institute University

FICCI suggests formulation of national railway plan 

TrendingNews365 , Jan 15, 2020

Industry chamber FICCI has suggested the government to formulate a national railway plan and reform procurement policy and processes to facilitate industry participation in the rail sector. It has also recommended phased manufacturing programme, expansion of PPP (public-private partnership) model to newer areas, and closer collaboration with industry for absorption of technology.

The recommendations are part of a report prepared by FICCI’s capital goods committee on opportunities for the industry with Indian Railways and metros.

The report highlighted various opportunities for capital goods sector under ambitious construction projects such as high-speed rail and dedicated freight corridors.

It said railways will offer new manufacturing opportunities worth Rs 28,000 crore per year.

The report enlisted 10 recommendations for policy makers to further facilitate industry participation in these opportunities.

“It include formulation of national railway plan, reforms in procurement policy and processes, strategic initiatives such as phased manufacturing program,” it said.

 

 

Also Read

Railways to offer new manufacturing opportunities worth Rs 28,000 cr per year: FICCI Report

FICCI suggests formulation of national railway plan     

FICCI suggests formulation of national railway plan     

Railways to offer new manufacturing opportunities worth Rs 28,000 cr per year: FICCI     

Railways to offer new manufacturing opportunities: Report     

Industry participation must for upgrades in Railways infrastructure: FICCI     

Indian Railways offers manufacturing opportunities worth 4 bln USD to industry     

Railways to offer new manufacturing opportunities worth Rs 28,000 cr per year: FICCI Report     

FICCI suggests formulation of national Railway plan     

FICCI suggests formulation of national railway plan     

FICCI suggests formulation of national railway plan     

FICCI suggests system of nationwide railway plan     

Indian Railways has substantially stepped up capital expenditure notes FICCI     

Event:

 Release of Report on Opportunities for Capital Goods Industry with Indian Railways and Metros