India to collaborate with Germany for rail projects worth Rs1 trillion
New Delhi: India will collaborate with Germany for projects worth Rs1 trillion to improve and enhance rail connectivity of Indian ports.
Road transport, highways and shipping minister Nitin Gadkari held discussions with Germany’s infrastructure minister Alexander Dobrindt on Friday wherein the two countries decided to identify the potential areas where projects can be implemented with mutual cooperation.
Representatives from Indian Port Rail Corporation Ltd and Deutsche Bahn AG will work out the details.
In addition, they will also identify cost-effective rail technologies for implementation.
The Indian Port Rail Corporation Ltd was set up by the ministry of shipping for better cargo handling and to reduce the cost of logistics.