He was speaking at the inauguration of the fifth PHD Global Rail Convention-2018, in New Delhi, on Wednesday.
The “Global Rail Convention 2018”, organised by the PHD Chamber of Commerce and Industry, was based on the theme “New Growth Eco-system from Steam to Bullet” – Innovation: Partnership and Challenges (Passenger and Freight).
Speaking on the occasion, Goyal said “life of every passenger aboard Indian Railways is precious”.
Since signals play a vital role in ensuring train movements, he said the railways has taken steps to ensure revamping of signaling system very soon.
The minister said that the ETCS level 2/level 1 technology will be soon inducted in the Indian Railways.
The minister added that the benefits across economies of scale will help awarding larger bulk orders at cheaper cost. Read More…
Latest posts by indiablooms (see all)
- Reliance Industries Chairman Mukesh Ambani Accepts The ‘Drivers Of Change’ Award At The London Ceremony - March 16, 2018
- Life Of Every Passenger Aboard Indian Railways Is Precious, Says Minister Goyal At Global Rail Convention - March 1, 2018
- Essel Infraprojects Ltd Pledges Rs 18,750 Cr For Uttar Pradesh At UP Investors Summit 2018 - February 23, 2018