<p>Indian Prime Minister Narendra Modi inaugurated and laid the foundation stone of various railway projects in Ahmedabad, the capital city of the Indian state of Gujarat on Tuesday (Mar 12).</p>

<p>Gujarat Governor Acharya Devvrat, Chief Minister Bhupendra Patel, Railway Minister Ashwini Vaishnaw and state BJP chief CR Paatil were also present at the launching ceremony.</p>

<p>PM Modi also flagged off 10 new Vande Bharat trains from Ahmedabad on Tuesday (Mar 12).&nbsp;</p>

<p>Speaking at the event, PM Modi said, "India is a young country, a large young population resides here. I would like to tell the youth that the today inaugurations that happened today are for your present. The foundation stone layings that happened today have come with the guarantee of your bright future."</p>

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Railway Minister Ashwini Vaishnaw, Gujarat Governor Acharya Devvrat, CM Bhupendra Patel and state BJP chief CR Paatil also present. <a href="https://t.co/CBdJ84vI6S">pic.twitter.com/CBdJ84vI6S</a></p>
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<p>"The governments that came after independence gave priority to political selfishness. Indian Railway is a major victim of that...The first that I did was to include Railway into the Budget of the Government, due to that funds of the Government are now used for the development of Railway," he added.</p>

<p><strong>Also Read:</strong><a href="https://www.wionews.com/india-news/india-pm-modi-praises-agni-5-missile-test-699029">&nbsp;India: PM Modi praises first flight test of indigenously developed Agni-5 missile</a></p>

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<p>"Our government showed the willpower needed to pull out Indian Railways from a hell-like situation. Now, the development of the Railway is one of the highest priorities for the government," the prime minister stated.&nbsp;</p>

<h2><strong>Here are the routes of new Vande Bharat trains&nbsp;</strong></h2>

<p>The Vande Bharat trains will now be running between Ahmedabad-Mumbai Central; Secunderabad-Visakhapatnam; Mysuru-Dr MGR Central (Chennai); Patna-- Lucknow; New Jalpaiguri-Patna; Puri-Visakhapatnam; Lucknow-Dehradun; Kalaburagi–Sir M Visvesvaraya Terminal Bengaluru; Ranchi-Varanasi and Khajuraho-Delhi (Nizamuddin).</p>

<p><strong>Watch:&nbsp;Gravitas: India's PM Modi helps avert a nuclear catastrophe</strong></p>

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<p>PM Modi also flagged off the extension of four Vande Bharat trains. Ahmedabad-Jamnagar Vande Bharat was extended till Dwarka and Ajmer-Delhi Sarai Rohilla Vande Bharat will now run till Chandigarh.</p>

<p>Gorakhpur-Lucknow Vande Bharat will get extended till Prayagraj and Thiruvananthapuram- Kasargod Vande Bharat will run till Mangaluru.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>


Indian Prime Minister Narendra Modi inaugurated and laid the foundation stone of various railway projects in Ahmedabad, the capital city of the Indian state of Gujarat on Tuesday (Mar 12).

Indian Prime Minister Narendra Modi inaugurated and laid the foundation stone of various railway projects in Ahmedabad, the capital city of the Indian state of Gujarat on Tuesday (Mar 12). Gujarat Governor Acharya Devvrat, Chief Minister Bhupendra Patel, Railway Minister Ashwini Vaishnaw and state BJP chief CR Paatil were also present at the launching ceremony. PM Modi also flagged off 10 new Vande Bharat trains from Ahmedabad on Tuesday (Mar 12). Speaking at the event, PM Modi said, "India is a young country, a large young population resides here. I would like to tell the youth that the today inaugurations that happened today are for your present. The foundation stone layings that happened today have come with the guarantee of your bright future." #WATCH | Prime Minister Narendra Modi inaugurates and lays the foundation stone of several railway projects from Ahmedabad, Gujarat. Railway Minister Ashwini Vaishnaw, Gujarat Governor Acharya Devvrat, CM Bhupendra Patel and state BJP chief CR Paatil also present. pic.twitter.com/CBdJ84vI6S — ANI (@ANI) March 12, 2024 × "The governments that came after independence gave priority to political selfishness. Indian Railway is a major victim of that...The first that I did was to include Railway into the Budget of the Government, due to that funds of the Government are now used for the development of Railway," he added. Also Read: India: PM Modi praises first flight test of indigenously developed Agni-5 missile #WATCH | Gujarat | Prime Minister Narendra Modi flags off 10 new Vande Bharat trains and other train services, from Ahmedabad. pic.twitter.com/3Z0uaFrb4l — ANI (@ANI) March 12, 2024 × "Our government showed the willpower needed to pull out Indian Railways from a hell-like situation. Now, the development of the Railway is one of the highest priorities for the government," the prime minister stated. Here are the routes of new Vande Bharat trains The Vande Bharat trains will now be running between Ahmedabad-Mumbai Central; Secunderabad-Visakhapatnam; Mysuru-Dr MGR Central (Chennai); Patna-- Lucknow; New Jalpaiguri-Patna; Puri-Visakhapatnam; Lucknow-Dehradun; Kalaburagi–Sir M Visvesvaraya Terminal Bengaluru; Ranchi-Varanasi and Khajuraho-Delhi (Nizamuddin). Watch: Gravitas: India's PM Modi helps avert a nuclear catastrophe PM Modi also flagged off the extension of four Vande Bharat trains. Ahmedabad-Jamnagar Vande Bharat was extended till Dwarka and Ajmer-Delhi Sarai Rohilla Vande Bharat will now run till Chandigarh. Gorakhpur-Lucknow Vande Bharat will get extended till Prayagraj and Thiruvananthapuram- Kasargod Vande Bharat will run till Mangaluru. (With inputs from agencies)

PM Modi flags off 10 new Vande Bharat trains, lays foundation stone of railway projects

<p>Transmashholding&nbsp;(TMH), the largest manufacturer of locomotives and rail equipment in Russia, has won a global bid to produce, supply and maintain 120 Vande Bharat express trains for the Indian Railways, Russian news agency TASS reported on Monday (April 17).</p>

<p>The 16-car long-distance trains are part of a major programme to re-equip the national carrier on long-distance routes. They will be able to reach a speed of up to 160 kilometres per hour, the report said.&nbsp;</p>

<p>Terms of the tender stipulated that the contract be signed by June 1. As per the report, the contract will pay $1.8 billion for supplying the Vande Bharat trains and $2.5 billion for their maintenance for 35 years. Considering the indexation, the total value of the contract could be as much as $6.5 billion.</p>

<p>Addressing a press conference, Transmashholding's Chief Executive Officer (CEO) Kirill Lipa said, "The decision has been made, but the document itself has not been signed, (it will be signed) within 45 days from March 29."&nbsp;</p>

<p>TMH took part in&nbsp;the tender in a consortium with the Indian state construction and engineering company RVNL. The Russian firm beat out proposals by companies such as Alstom, Stadler, Siemens, and a consortium of local producers led by Titagarh and BHEL, which bid the second-lowest.</p>

<p>The report further said that the production of the trains will be localised at the Indian Railways, Marathwada Rail Coach Factory, in Latur, Maharashtra. The delivery of the trains is expected to take place between 2026 to 2030. But the first two prototypes will be ready for trials by the end of 2025.&nbsp;</p>

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Transmashholding (TMH), the largest manufacturer of locomotives and rail equipment in Russia, has won a global bid to produce, supply and maintain 120 Vande Bharat express trains for the Indian Railways, Russian news agency TASS reported on Monday (April 17).

Transmashholding (TMH), the largest manufacturer of locomotives and rail equipment in Russia, has won a global bid to produce, supply and maintain 120 Vande Bharat express trains for the Indian Railways, Russian news agency TASS reported on Monday (April 17). The 16-car long-distance trains are part of a major programme to re-equip the national carrier on long-distance routes. They will be able to reach a speed of up to 160 kilometres per hour, the report said. Terms of the tender stipulated that the contract be signed by June 1. As per the report, the contract will pay $1.8 billion for supplying the Vande Bharat trains and $2.5 billion for their maintenance for 35 years. Considering the indexation, the total value of the contract could be as much as $6.5 billion. Addressing a press conference, Transmashholding's Chief Executive Officer (CEO) Kirill Lipa said, "The decision has been made, but the document itself has not been signed, (it will be signed) within 45 days from March 29." TMH took part in the tender in a consortium with the Indian state construction and engineering company RVNL. The Russian firm beat out proposals by companies such as Alstom, Stadler, Siemens, and a consortium of local producers led by Titagarh and BHEL, which bid the second-lowest. The report further said that the production of the trains will be localised at the Indian Railways, Marathwada Rail Coach Factory, in Latur, Maharashtra. The delivery of the trains is expected to take place between 2026 to 2030. But the first two prototypes will be ready for trials by the end of 2025. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Russian firm gets $6.5 billion contract to produce 120 Vande Bharat trains for India: Report

<p>Indian finance minister Nirmala Sitharaman is all set to present the budget for 2023 on Wednesday (February 1). People across the nation have high hopes for this year's budget as the nation is still reviving from the economic slump after the coronavirus (COVID-19) pandemic.&nbsp;The Narendra Modi government is likely to increase the rail budget and the focus will be on completion of projects.&nbsp;</p>

<p>The focus will be on taxation, health, sector, and rising prices of commodities, and people will also expect big announcements for railways in the upcoming budget as the government is pushing forward to boost infrastructural development.&nbsp;</p>

<p>According to a report by the Times Of India, this year's budget might have some new trains, most likely 35 new hydrogen-fuelled trains and around 500 new Vande Bharat trains.&nbsp;</p>

<p>Besides that, the government may announce that in the next three years, it will roll out nearly 4,000 newly designed automobile carrier coaches and some 58,000 wagons.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/business-economy/budget-2023-24-what-should-india-expect-in-the-energy-sector-553994">Budget 2023-24: What should India expect in the energy sector?</a></strong></p>

<p><strong>Watch this report:&nbsp;</strong></p>

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<p>Recently, a report published on January 19 stated that the railways said it has earned Rs 41,000 crore more in revenue so far in 2022-23 as compared to the same period in the previous fiscal.&nbsp;</p>

<p>As per India-based news agencies, officials said that the Indian railways expect to end this fiscal with a total revenue of Rs 2,35,000 crore.&nbsp;</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/business-economy/budget-2023-know-the-role-of-finance-bill-presented-in-parliament-every-year-557365">Budget 2023: Know the role of Finance Bill presented in Parliament every year</a>&nbsp;</strong></p>

<p>The report mentioned that India planned to introduce sleeper versions of the Vande Bharat Express by 2025. Indian railways have also planned to award contracts for additional 200 current versions of the train.&nbsp;</p>

<p>India might announce major investments in other green fuels. In 2022-23, the railways saved majorly after it stopped the majority of concessions offered to passengers, including a hefty subsidy to the elderly. It has also saved on account of the electrification of its routes.&nbsp;</p>

<p><em>(With inputs from agencies)&nbsp;</em></p>

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Indian finance minister Nirmala Sitharaman is all set to present the budget for 2023 on Wednesday (February 1). People across the nation have high hopes for this year's budget as the nation is still reviving from the economic slump after the coronavirus (COVID-19) pandemic.

Indian finance minister Nirmala Sitharaman is all set to present the budget for 2023 on Wednesday (February 1). People across the nation have high hopes for this year's budget as the nation is still reviving from the economic slump after the coronavirus (COVID-19) pandemic. The Narendra Modi government is likely to increase the rail budget and the focus will be on completion of projects. The focus will be on taxation, health, sector, and rising prices of commodities, and people will also expect big announcements for railways in the upcoming budget as the government is pushing forward to boost infrastructural development. According to a report by the Times Of India, this year's budget might have some new trains, most likely 35 new hydrogen-fuelled trains and around 500 new Vande Bharat trains. Besides that, the government may announce that in the next three years, it will roll out nearly 4,000 newly designed automobile carrier coaches and some 58,000 wagons. ALSO READ | Budget 2023-24: What should India expect in the energy sector? Watch this report: × Recently, a report published on January 19 stated that the railways said it has earned Rs 41,000 crore more in revenue so far in 2022-23 as compared to the same period in the previous fiscal. As per India-based news agencies, officials said that the Indian railways expect to end this fiscal with a total revenue of Rs 2,35,000 crore. ALSO READ | Budget 2023: Know the role of Finance Bill presented in Parliament every year The report mentioned that India planned to introduce sleeper versions of the Vande Bharat Express by 2025. Indian railways have also planned to award contracts for additional 200 current versions of the train. India might announce major investments in other green fuels. In 2022-23, the railways saved majorly after it stopped the majority of concessions offered to passengers, including a hefty subsidy to the elderly. It has also saved on account of the electrification of its routes. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Budget 2023: Indian Railways might get 35 hydrogen, 500 Vande Bharat trains