- Development and Manufacturing of Vande Bharat Trains:
Next, the finance minister proposes to develop and manufacture 400 New Vande Bharat Trains for the coming three years. - Investment Potential:
This includes potential investment for Rs 50,000 crores toward the 400 trains, as against the current train set of 16 cars at Rs 106 crore per train set of 16 cars-at 2018 pricing. - Timeline for Rollout of Vande Bharat Trains:
It is proposed that 75 Vande Bharat trains will be operating throughout the country on Independence Day in 2023. - Train Specifications:
Vande Bharat trains are indigenously-designed and manufactured semi-high-speed, self-propelling trains. - First Vande Bharat Train:
Costing around Rs 100 crores, ICF Chennai manufactured the first Vande Bharat. - Improved Efficiency and Materials:
“These trains are having improved efficiencies and are being constructed using aluminum as opposed to steel,” he added. - Job Creation and Strengthening Rolling Stock:
Other applications, such as equipment train manufacturers, are creating jobs in addition to giving extra strength to rolling stock. - Purpose of Indian Project:
Basically, this Indian project targets restoring the loss of traffic shifted to other, less expensive alternatives, such as air travel or smooth roadways.