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Transportation

India on track for partial privatization of national rail system

Alstom and Bombardier show interest in landmark modernization push

India's national railway system is badly in need of an upgrade, but Indian Railways lacks the financial resources.   © Reuters

NEW DELHI -- In the first initiative of its kind concerning India's aging national railway system, the government of Prime Minister Narendra Modi is seeking to allow private sector participation.

Among companies that have shown interest during the pre-application process despite the ongoing pandemic are French train maker Alstom, Canadian maker Bombardier and India-based developer GMR Infrastructure.

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