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France to help modernise Railways
May 15,2008: Aimed at upgrading its railway infrastructure that includes running of hi-speed trains, Indian Railways signed an MoU with the French Railways.
The MoU envisages cooperation in various spheres, including line capacity, safety, maintenance and upgrading of tracks and structures, signalling, telecommunications, power supply, electric or diesel traction stock, information technology, training, high-speed rail projects and regional and urban development.
This MoU would help modernise the Indian Railways and promote cooperation between the two nations. The Indian Railways have already signed agreement with the railways of Austria, Germany, Italy, Russia, South Africa and China.
The Railways would be the future mode of transport in the face of global warming as it is fuel efficient and environment friendly mode of transport.The agreement would be valid for three years and enable mutually beneficial cooperation between the two railways.
Source: The Hindu