By Jocelyn Fernandes, Money Control; July 2, 2020
The Indian Railways has kickstarted its plans to allow private companies to operate passenger train routes on its network. In line with this, it has invited request for qualifications (RFQ) for participation in 109 pairs of routes through 151 modern trains.
This is India’s first such initiative for private investment in running passenger trains. A step in this direction commenced last year with the Indian Railway Catering and Tourism Corporation (IRCTC) introducing the Lucknow-Delhi Tejas Express.