Indian railways suffer as private players do not reach wagon delivery targets
A tightening of working capital, coupled with the lack of critical elements, has slowed the delivery schedule for the cars, affecting their availability to the carrier, said a senior official. Industry figures said that the car manufacturers are the mainstay of the railways, 90% of its needs being covered by the private sector. On October1, the Indian railways received only 2,717 of the 12,311 wagons ordered from 10 major players in April .A railway official told IANS. As a result, manufacturers are expected to produce 9,594 wagons, each of which costs 25,000 rupees over the next five months, by March 2019, which appears to be a big order.