ES26: Indian Railways record Capex & green transition redefine national logistics

In the grand narrative of India’s infrastructure boom, few chapters are as compelling or capital-intensive as the transformation of Indian Railways. The Economic Survey 2025-26 documents a sector that has effectively broken free from decades of incrementalism. Through a strategy defined by record-breaking capital expenditure (CAPEX) and a relentless push towards 100% electrification, the national …

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