Currently, Sir Richard Branson,
CEO of Virgin Group is planning to launch services of Virgin Atlantic over
Mumbai-London route. He is actually having the idea to invest huge amount of
money in some of the high-speed passenger services of Indian Railways. Last
week, on Thursday, Sir Richard Branson announced for his investment in several
high-speed passenger services related with Indian Railways. Indian Railways is
analyzing the feasibility of several attractive private investments for running
high-speed trains in six different routes. In addition, authorities of Indian
railway group are analyzing several options of collecting funds.
Furthermore, Sir Richard
Branson has recalled the ways, in which he has first get the idea to invest
huge amount of money in Indian Railways. According to Branson, “My incursion in
to the scene of British Railway had taken place after one of the journalists
have asked me, whether I should establish my feet in railways or not. After
this, the day, on which I have observed the news flashed in one of the
reputable Medias, I have started finding large number of British Rail
authorities and started establishing contact with them.” Incidentally, Virgin
Railway group has moved on to the Court after it has failed to renew its
operating license in one of the competitive bidding process. Before this,
railway group possesses train-operating license for 15 years in UK and have offered
privatized railway services.
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