Energy What’s in this report dependable Passenger bonanza coming: 360* views from decongestion by 2020- 30 using IR, ex-IR, MNC near-free foreign money Supplier CEOs, etc ♦ What is Realistic capex? ♦ What are Realistic timelines? ♦ Huge Metro rail a capex ~ ½ of IR ♦ L&T, ABB, Freight Siemens key (Hub & spoke) beneficiaries Rails carry 2% of India’s population/ day Railways, the Public face of Union Govt Road/ Rail Freight imbalance Jan 08, 2016 Nandan Chakraborty, Nitin Idnani, Bhavin Vithlani Puneet Garg MD - Institutional Equity Research ED - Realty & Infrastructure ED - Power & Cap Goods VP - Cap Goods
[email protected] [email protected] [email protected] [email protected] 91 22 4325 1107 91 22 4325 1149 91 22 4325 1144 91 22 4325 1123 08 JAN 2016 Strategy Report Sachin and Sehwag of today! Indian Railways Railways, perhaps along with post “ offices, are the only two institutions in India with a deep network which if tapped judiciously can create Recognizes the strategic importance substantial improvements in the of IR. Chosen railway minister hinterland. Railways was always from ruling party considered only as a mode of transport in our country, we want to see Railways as the backbone of India’s economic development. ” - Shri Narendra Modi, Hon’ble Prime Minister of India Mindset both Tactical (budget) and Strategic: White paper (5-year plan) and Vision 2030 (awaited) - Shri Suresh Prabhu Railway Minister of India Source: PR 2 08 JAN 2016 Strategy Report 3600 view: What will ACTUALLY happen, by When,