Railways
has some kind of Auto Policy. What is it? I am interested in details of
Railways Automobiles policy and its shape. Which industry, which company will
get benefit from railway auto policy? What will be the size of a venture to
avail or participate in Railways Automobiles policy related service or similar.
In order to increase the share of railways in automobile traffic, a policy on
Automobile Freight Train Operator (AFTO) Scheme has been formulated.
The
Railway Automobiles policy aims at encouraging the development of new business
models and partnerships with the private sector. The Railways department plans
to increase its share in the area of transportation of automobiles, as this
sector is one of the fastest growing sectors in the country. The automobiles
industry will benefit because of this policy as manufacturers will be able to
increase distribution through enhanced movement of bulk traffic from
manufacturing centres to consumers. The size of a venture that qualifies for
participation is a minimum Rs.30 crore
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