The Swiss InterRail Group is consistently extending its international network: On 1st of June, the Indian InterRail Delegation was changed to an independent, operative company. The new company now is listed under the name of InterRail India Pvt. Ltd. and its managing director is Vijay Narayan. He has been active as delegate for the InterRail Group since September 2010.
For the InterRail Group, India has been an important and future-oriented market for quite some time. As part of the so-called BRICS countries, India belongs to the fastest growing markets of the world. It is an important trading partner of Russia and other CIS states. In addition, it is a key hub for the transportation of goods via Iran, China as well as harbors in Russia and Northern Europe.
„Three years ago, we set up a delegation in Mumbai for geographical and strategical reasons. Now that we have our own company in India, we are able to expand our activities and strengthen our position in other key markets, too“, says Hans Reinhard, Chairman of the Board of the InterRail Group.
As can be seen from the railway plans 2013/2014, which were submitted to the Indian Parliament at the end of February, the country itself is rather ambitious. By the year 2017, it wants to see the completion of two freight corridors – the East Corridor from Delhi to Howrah, and the West Corridor from Mumbai to Delhi. Furthermore, it wants to establish a rail tariff supervisory authority, provide a modernized infrastructure and ensure a fleet enlargement. The Indian Railway expects to deal with close to a billon tons of freight to be transported.