Corporatisation of railway production units would succeed only if the government buys the trains from them and not resort to imports at least for initial couple of years, said a senior official of Indian Railways.
The central government had announced its plans to corporatise the seven production units of railways under one head to be called Indian Railway Rolling Stock Company (IRRSC).
“As was followed in the western economies and others, Indian government should first proliferate the domestic market with indigenously produced trains like Train 18,” the official preferring anonymity told IANS. Read More
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