Yesterday’s budget gave good vibility on next round of orders for TCAS. Signalling and telecommunication works allocation (Line 24) increased from c. Rs 2500 crs for FY 23 (of which Kavach was c. Rs 2000 crs) to c. Rs 4200 crs for FY 24.
This was also reaffirmed by Railway minister wherein he mentioned Kavach alloation for 5000 kms in FY 24 compared to 3000 kms in FY 23. Refer Ashwini Vaishnaw Talks About Budget Allocations To Railways | Budget Townhall | CNBC-TV18 – YouTube
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