Business

India Expanding Railway Equipment Exports To Global Markets

Minister for Railways Ashwini Vaishnaw on March 17, 2025, announced that India’s railway exports are surging, with metro coaches, locomotives, and other key equipment now being supplied to countries including Australia, the United Kingdom, and France.

Vaishnaw stated that India is increasingly becoming a significant player in the global railway sector, with the export of rail equipment such as propulsion systems and underframes expanding across Europe, Saudi Arabia, and beyond.

Strengthening India’s Railway Footprint

Vaishnaw emphasized that India exports metro coaches to Australia, while the mechanical underframe of locomotives reaches markets in the UK, Saudi Arabia, and France.

Additionally, India ships propulsion systems, a critical component of power electronics, to France, Mexico, Romania, Spain, Germany, and Italy, marking a proud moment for the country’s rail sector.

Export Of Locomotives & Passenger Coaches

India exports passenger coaches to Mozambique, Sri Lanka, and Bangladesh, while it delivers locomotives to Mozambique, Myanmar, and Senegal.

The Marhowra factory in Bihar, established as a public-private partnership, will soon export over 100 locomotives.

Looking ahead, Vaishnaw revealed that India is also preparing to export forged wheels from Tamil Nadu and emphasized the potential for further growth in this sector.

The Parliamentary Standing Committee on Railways has recommended an increase in rail component exports, with the goal of enhancing revenue without compromising domestic needs.

Global Reach & Future Plans

In line with India’s expanding global footprint, the railway minister projected that Indian Railways will transport 1.6 billion tonnes of cargo in FY25, positioning India among the top three freight carriers globally, alongside China and the USA.

India’s railway exports are rapidly gaining momentum, with significant growth in both the export of rolling stock and other components.

The country is well on its way to becoming a key player in the global railway market, supporting international infrastructure development while boosting domestic manufacturing.

Also Read: Sensex Surges Above 74,600 As Indian Stock Market Opens Strong

Anamika Agarwala

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