Railways keen to set up agri-hubs

The Indian Railways is getting in on the retail boom and will soon be forming a partnership with retail majors. The Economic Times reports that the draft of the agreement is expected to be ready in a fortnight. Major retailers such as Reliance, Pantaloon, Tatas, Adanis, Bharti Group etc have been talking with the Railways to set up retail hubs, warehouse facilities, cold storages etc on excess railway land in cities and villages. While the railways are not interested in getting involved in the real estate business, they are keen to tie up with retailers and real estate developers to set up agri-hubs across the country.