May 14, 2008 / 12:31 PM / 10 years ago

India seeks French help for rail development

NEW DELHI (Reuters) - India will seek assistance from France on building rail systems in freight corridors, introducing high-speed trains and upgrading safety systems, with officials from the countries signing a cooperation agreement on Wednesday.

“Indian Railways have an ambitious plan of network expansion, increasing rolling stock production capacity, world-class passenger terminals and in future the country requires high-speed passenger services,” Junior Railway Minister Naranbhai Rathwa said.

On Tuesday, India’s junior industry minister told Reuters an ambitious $90 billion industrial corridor project between Delhi and Mumbai, which is being built with Japanese help, was on track.

Japanese and German firms have already shown interest in the project, which will include high speed rail freight lines, power plants, three new sea ports and six airports, 12 new industrial clusters, 10 logistic parks and agricultural hubs.

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