Railways, defense and logistics

Government’s investment in Railways will see a 4 times increase in plan for FY15-19 vs 11th Plan. Dedicated freight corridors are hoping to commission full length by the end of December 2019. Bullet trains are in the plan by 2024. Key players will be Railway EPC & equipment and ABB.

Defense Procurement Procedure (DPP) targets on indigenization and expediting the course of acquisition, which are supposed to perk equipment suppliers. Bharat Electronics and L&T will play the key roles.

Logistics observe positive developments from DFC implementation, which will promote consolidation. Gateway and Navkar are expected to play the roles of key players in this development.

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