Ministry of Railways merger proposal - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/ministry-of-railways-merger-proposal/ Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Fri, 06 Mar 2026 06:15:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png Ministry of Railways merger proposal - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/ministry-of-railways-merger-proposal/ 32 32 Railways Ministry Moves Proposal to Merge IRCON and RVNL to Create Global Infrastructure Giant https://newsmantra.in/ircon-rvnl-merger-railways-ministry-proposal/ Fri, 06 Mar 2026 06:00:42 +0000 https://newsmantra.in/?p=78049 NEW DELHI. The Ministry of Railways has formally proposed the merger of IRCON International Limited and Rail Vikas Nigam Limited (RVNL) to streamline operations and enhance the scale of India’s railway infrastructure execution. This strategic consolidation aims to eliminate overlapping functions, pool technical expertise, and create a unified “India Inc.”...

The post Railways Ministry Moves Proposal to Merge IRCON and RVNL to Create Global Infrastructure Giant appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

]]> NEW DELHI. The Ministry of Railways has formally proposed the merger of IRCON International Limited and Rail Vikas Nigam Limited (RVNL) to streamline operations and enhance the scale of India’s railway infrastructure execution. This strategic consolidation aims to eliminate overlapping functions, pool technical expertise, and create a unified “India Inc.” brand capable of bidding for mega-projects both domestically and in international markets like the Middle East and Southeast Asia.

The merger would combine RVNL’s project management strength with IRCON’s specialized turnkey construction experience, potentially resulting in a combined order book exceeding ₹1.5 lakh crore. While the proposal has led to the cancellation of key leadership interviews—including the CMD post for IRCON—it now awaits standard review and approvals from the Ministry of Finance and the Cabinet Committee on Economic Affairs.

The post Railways Ministry Moves Proposal to Merge IRCON and RVNL to Create Global Infrastructure Giant appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

]]>