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"Most of the items were addressed well. The expansion of dedicated freight corridors will contribute in revenue generation in the long-term. But it will take off only if infrastructures is improved," Tilak Raj Seth , Vice-Chairman, CII Rail Transportation & Equipment Division & Executive Vice President - Mobility, Siemens Ltd.
"From manufacturing standpoint, it was recommendable. Manufacturing will definitely get a boost. But the focus was surely on freight, which is critical in today's time. Another big initiative was the restructuring of the board," Nalin Jain, President and CEO, GE Transportation.
"Considering the fact that there are several challenges, so the current investment of over ₹2 lakh crore gives a direction that the government wants to use this sector to kick-start the economy. Despite the pay commission, railways is looking at an operating ratio of 92%, this can be only achieved if the focus is on cost savings," Rajeev Jyoti , CEO (Railway Business), L&T.
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