Arshiya International is planning to
invest Rs.1,600 crore into its rail business - Arshiya Rail Infrastructure.
This capex will be deployed towards
acquiring 3,375 wagons (75 rakes plus break vans) and also for the building of
rail sidings and other necessary infrastructure across the country.
The 75 rakes will be delivered over
18-months, making Arshiya Rail Infrastructure the largest private rail operator
in the country by end-2009. The first rake is expected to be deployed on 15
November 2008.