Indian Railways on Track for a ₹17.4 Lakh Crore Revamp by 2025

Indian Railways is embarking on a transformative journey, with an investment of ₹17.4 lakh crore from 2016 to 2025, as detailed in a Crisil report. This ambitious plan focuses on high-speed rail projects and extensive electrification, aiming to strengthen the railway network as a key driver of economic growth. With a compound annual growth rate (CAGR) of 12% in capital expenditure, the initiative seeks to enhance operational efficiency and safety through the implementation of the Kavach system. Recent approvals for eight new railway lines are expected to create over 4.42 crore man-days of employment, reinforcing the railways' vital role in India's quest to become a high-income economy.