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India seeks NRI funds from UAE to fuel railway expansion

India seeks NRI funds from UAE to fuel railway expansion

Wednesday, March 8, 2017, 4:33 PM
Railways Minister Suresh Prabhu, has said that India will invest $140 Billion to modernize its rail network over the next five years and is in talks with UAE-based sovereign wealth funds. We will be investing over the next five years and most of the money will go towards India's modernization efforts, the introduction of new technologies, and increasing capacities.
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