Indian Railways plans to export world-class trains! In a first of its kind initiative, Indian Railways is mulling a new export policy that will allow its coach factories to take orders from other countries for manufacturing train rakes.
According to an HT report, the General managers of all coach factories will be empowered to travel to various prospective countries and take bulk orders to ‘Make in India’ train rakes for export.
After executing the last order for train coaches, from Sri Lanka, in 2010-2012, the lack of an export policy has crippled the ability of state-run factories to seek regular overseas orders.
For potential customers under the proposed policy, the national transporter is looking at Southeast Asia, the Middle East and Africa. Read More
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