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India will manufacture 400 new, energy-efficient Vande Bharat trains in the next three years, Finance Minister Nirmala Sitharaman announced in her Budget on Tuesday.
That apart, with an eye on farmers, the rail sector will also develop “One Station One Product”, which will leverage local produce carried on the railways, she said. Bringing out new products, Railways will also roll out postal railways for carriage of parcels, giving a thrust to a new business area.