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29 Mar
15:24

Indian Railways to diversify rail procurement: reports

Indian Railways is considering opening up rail procurement to private steelmakers, ending Steel Authority of India (Sail)’s dominance in supplying rail for the country’s rail network, according to Reuters. India’s government has allocated INR 1.31 trillion ($20.19 billion) in rail sector spending in its latest budget for the fiscal year through March 2018. India’s draft 'National Steel Policy 2017' forecasts steel demand from rail…
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