‘Make in India’ in Indian Railways: Piyush Goyal-led Indian Railways is one of the flag-bearers of Modi government’s ‘Make in India’ initiative. In a recent written reply to a question in Lok Sabha, it was stated that approximately more than 97 per cent of national transporter’s requirement is met from indigenous sources.
In a bid to reduce import further through the ‘Make in India’ movement, some of the areas which have been identified by the Railway Ministry are manufacturing of new modern rolling stock like high horsepower locomotive, trainsets, special spares, light weight railway coaches, components of rolling stock as well as signalling and telecom equipment. According to Railway Ministry, its procurement is compliant with Public Procurement Policy Order, 2017, that is in preference to Modi government’s ambitious Make in India initiative.
Several other items have also been identified for the ‘Make In India’ initiative that are under the categories of track, electrical, civil, signal and telecommunication as well as rolling stock Read More
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