Indian Railways has planned 10,000 crore bond sale by September this year to raise money. In the railway budget, a host of plans were outlined to pump money into newer railway line and widening the tracks.
AP Verma, Director of Finance from Kalindee Rail Nirman, in an interview with CNBC-TV18's Sonia Shenoy and Reema Tendulkar, said that the company expects 40% growth compared to the last year.
He stated, "This year, it will be definitely a better year. We have been expecting about 40% growth this year over last year. Our operating margin also will go up."
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