Indian Railways (IR) is fully owned by Government of India. The Indian Railways, the world’s second largest rail network under a single management, continues to be one of the biggest contributors to the country’s economic progress. Railway performance vastly improved in the past couple of years due to better resource management, among other things, through increased wagonload, faster turnaround time and a more rational pricing policy.
Indian Railways has large railway networks comprising 115,000 km of track over a route of 65,436 km and 7,172 stations and as per the records Indian Railways runs a total of 11000+ trains on daily basis which includes the passenger trains.
In 2013–14, IR carried 8,425 million passengers annually or more than 23 million passengers daily (roughly half of which were suburban passengers) and 1050.18 million tons of freight in the year. In 2013–2014 Indian Railways had revenues of Rs.1441.67 billion (US$23 billion) which consists of Rs.940.0 billion (US$15 billion) from freight and Rs.375.0 billion (US$6.1 billion) from passengers tickets.
While India has one of the largest rail networks in the world, as of 2014 it does not have any lines classed as high-speed rail (HSR). For a line to be classed as high-speed rail, the speed must be at least 250 km/h (155 mph) on lines specially built for high speed, or 200 km/h (124 mph) on existing or upgraded lines.
In July 2014, a trial run of a “semi-high speed train” with 10 coaches and 2 generators reached a speed of 160 km/h between New Delhi and Agra. The railways plan to introduce such trains commercially in the near future. Initially the trains will have the maximum speed of 160 km/h, with railway coaches which can run at the speed of 200 km/h will be rolled out from Railway Coach Factory of Indian Railway from June, 2015.
The government has approved Mumbai – Ahmedabad high-speed rail corridor as a high-speed rail corridor in India connecting the cities of Mumbai and Ahmedabad. If built, it will be India’s first high speed rail line. The project is estimated to cost between Rs.35,000 to Rs.60,000 crore.
ADMCL is planning to enter into railway projects in collaboration with concerned agencies in the coming years.