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No Indian airline makes money, railways’ passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are like never before, notes T N Ninan
Topics
transport | Investments | Weekend Ruminations
India’s transport sector offers a strange mosaic of stagnant traffic trends, poor or negative returns, and yet unprecedented levels of investment for the future. After years of vast sums being ploughed into all forms of transport, the next two or three years could see the results of that investment in the form of transformational change in the air, on highways and expressways, and in the railways. Here’s hoping.
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First Published: Fri, July 08 2022. 17:06 IST
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Read More: Revving up with brakes on: The paradoxes in India’s transport sector