The Great Indian Railways: ₹50 Trillion Opportunity by 2030

On the occasion of Indian Railways Day, we are delighted to present our latest research report on one of India’s fastest-growing growth vectors — The Great Indian Railways.
India is rapidly transforming its railways with bullet trains, indigenously developed semi-high-speed trains, station modernisation, new lines, and dedicated freight corridors. An estimated ₹50 lakh crore (~$600B) capital investment by 2030 will drive network expansion, capacity upgrades, and rolling stock modernisation. With capex growing at a CAGR of over 20%, and logistics costs targeted to reduce from 14% to 7–8% of GDP, Indian Railways is poised to become a $600B growth engine—creating a vast addressable market across its ecosystem.
What you can expect from this report:
- How Railways represent a ₹50 Trillion investment opportunity by 2030
- Indian Railways' Amrit Kaal Vision 2047
- Key drivers behind the modernisation of Indian Railways
- Data-driven insights on the impact of PM Gati Shakti, Dedicated Freight Corridors, and Budgetary Capex Boost
- TAM and growth opportunities in Rolling Stock, EPCs, and related sectors
