French funding for India’s rail station development programme

Indian Railway Station Development Corporation (IRSDC) signed an agreement with French Railways and French Development Agency (FDA) for India’s Railway Station Development Programme.
AFD has agreed to provide in-kind grant financing up to EUR 7 million through French National Railways (SNCF)-Hubs and Connexion as a technical partner to IRSDC to support capacity building for the railway station development across the country. This will impose no financial liability on IRSDC or Indian Railways.
The agreement was signed in the presence of Shri Suresh Angadi, Minister of State of Railways and Jean Baptiste Lemoyne, the French Minister for Europe and Foreign Affairs.
“India and France have a strong and long-standing prosperous partnership in the railway sector. SNCF in the past has been collaborated with Indian Railways in conducting speed upgradation study for Delhi-Chandigarh section and station development of Ludhiana and Ambala stations. I am sure that this effort will go a long way in further strengthening Indo-French cooperation and will help Indian Railways in positioning its stations to world class standards,” India’s Minister of State of Railways said.

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