Indian Railways is the world's fourth-largest rail network, with a total track length of nearly 64,000 km. The Indian Railways network transports 18 million passengers and more than 2 million tonnes of bulk freight daily. Indian Railways possesses 225,000 wagons, 45,000 coaches and 8,300 locomotives and operates more than 18,000 trains daily. Indian Railways accounts for 2.3 per cent of the country’s gross domestic product (GDP).
Indian Railways transports about 40 per cent of India's total freight traffic and 20 per cent of the country's passenger traffic. The freight segment of Indian Railways accounts for about 70 per cent of overall revenues.
Indian Railways has attracted investments from overseas through strategic alliances with various countries across the globe. Metro projects have already been initiated in Delhi, Kolkata, Bengaluru, Chennai, Hyderabad and Mumbai.
Rail projects in India have typically been the domain of the public sector. However, several public sector units (PSUs) and private players are involved in allied activities of Indian Railways (track laying and maintenance, maintenance of coaches and wagons, construction of bridges, stations, signalling and telecommunication works).
In order to augment capacity and enhance the quality of services, Indian Railways has initiated its most ambitious project—the Dedicated Freight Corridors (DFCs). According to the Planning Commission’s estimates, investment in Indian Railways in the Eleventh Plan is likely to be about US$ 54.54 billion, as compared to US$ 24.93 billion in the Tenth Plan.Sectoral Presentation (April 2010)
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