M odernisation and technology upgradation of signaling, train protection warning system, integrated security systems, etc must be addressed in the Rail Budget.



CII's major suggestions for development of Indian Railways include improved project implementation, streamlined and time-bound approvals, project terms for 'reasonable' returns on capital for investors, and more efficient vendor management.



In the long term, Indian Railways would need to look at heavier, faster and longer trains, plugging gaps in rolling stock supply, modern technologies for safety, better cargo handling, and other issues to improve performance.



Capacity creation in Indian Railways could be fast-tracked through key initiatives to encourage public-private partnerships (PPP).





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