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UP Government Signs Rs 200 Crore Investment MoU With German Rail Infra Firm

NDTV Profit·27 February 2026·4h ago1 min read0 views
UP Government Signs Rs 200 Crore Investment MoU With German Rail Infra Firm

The Uttar Pradesh government has taken a significant step towards enhancing its rail infrastructure by signing a memorandum of understanding (MoU) worth ₹200 crore with the German company RAILONE GmbH. This agreement was formalized during Deputy Chief Minister Keshav Prasad Maurya's visit to the company's manufacturing facility in Germany. The partnership aims to bolster the state's railway development, potentially leading to improved connectivity and efficiency in transportation. The MoU reflects the government's commitment to attracting foreign investment and modernizing the state's infrastructure. This initiative aligns with India's broader goals of enhancing its railway network, which is crucial for economic growth and connectivity. By collaborating with international firms, Uttar Pradesh seeks to leverage advanced technology and expertise to further its rail projects, ultimately benefiting the region's economy and mobility.

Originally reported by NDTV Profit. Read original article

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