The national transporter has stated that it is eyeing over $4 billion investments with private passenger train services. Recently, the government has announced two major initiatives of seeking private investment, one is the running of passenger trains by private operators on the Indian Railways network and the other is the redevelopment of railway stations across the country. According to Indian Railways, these projects have the potential of bringing an investment of over $7.5 billion in the next five years. The national transporter has stated that it is eyeing over $4 billion investments with private passenger train services. Railway Ministry has invited both domestic as well as global investors to actively participate in the bidding process for these initiatives.