India plans to invest as much as 450 billion rupees ($4.7 billion) into railway upgrades along its borders with China, Pakistan and Bangladesh, according to people familiar, marking one of its most significant strategic infrastructure pushes amid shifting regional dynamics.
The spending — set to unfold over the next 18 to 24 months — will help build new tracks, platforms and network strengthening across Punjab, West Bengal, Himachal Pradesh, Rajasthan, Assam and several northeastern states, the people said, asking not to be identified because the discussions are private.