The Indian Railways is planning to launch eight-coach variants of the Vande Bharat Metro trains to connect big cities with surrounding satellite towns. Railway Minister Ashwini Vaishnaw made the announcement in the post-Budget press conference.
“For making the travelling easier for the passengers of nearby areas of a state, Vande metro trains, completely manufactured in India under the vision of PM Modi, will soon be introduced in the country,” Vaishnaw said.
‘Vande Metro’… soon #AmritKaalBudget pic.twitter.com/uY8kDcyxdR
— Ashwini Vaishnaw (@AshwiniVaishnaw) February 1, 2023
The new Vande Bharat Metro will be a mini-version of the existing Vande Bharat Express trains. The Metro trains aim to improve connectivity and ease of movement between big cities and nearby towns and communities. The design and production of the Vande Bharat Metro trains are expected to be completed by the end of the year with the output being increased by next year.
ALSO READ:
The eight express trains will function like high-speed shuttle trains in order to help students, workers and tradesmen travel faster to big cities for education, job or even leisure. The trains will be designed and produced by the Chennai-based Integral Coach Factory (ICF) and Lucknow-based Research Design and Standard Organisation (RDSO).
The announcement for the Vande Bharat Metro services came after Finance Minister Nirmala Sitharaman announced the highest-ever capital outlay for the Indian Railways at Rs 2.40 lakh crore for the upcoming fiscal. The allocation is Rs 1.03 lakh crore more than the previous allocation and nearly 9 times more than the capital allocation to railways in FY 2013-14.
Vaishnaw also announced that India will be increasing its production of Vande Bharat Express trains, aiming to produce 2-3 trains per week by the end of the next financial year. Among other plans for Indian Railways include a sleeper car variant of the Vande Bharat Express and a fully indigenous hydrogen-fuel train that will be running on heritage circuits in the country.
(Edited by : Sudarsanan Mani)
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
2024 Lok Sabha Election | Which way the wind blows in the second phase
Apr 26, 2024 6:09 PM
Election Commission registers case against BJP's Tejasvi Surya for alleged violation of poll code
Apr 26, 2024 5:08 PM
2024 Lok Sabha Elections | Why Kerala is in focus as the second phase begins to vote
Apr 26, 2024 9:33 AM
Bengaluru Rural Lok Sabha election: Over 60% voter turnout recorded by 5 pm
Apr 26, 2024 9:11 AM