Schedule a Call Back
Indian Railways and Switzerland’s DETEC partner for technological collaboration
Industry News- Nov 04,24
The renewed agreement builds on an original MoU from 2017, which covered areas like traction rolling stock, EMU train sets, propulsion equipment, electrification, and station modernisation.
Indian Railways has signed a Memorandum of Understanding (MoU) with Switzerland's Federal Department of the Environment, Transport, and Communications (DETEC) to strengthen collaboration on technology, track maintenance, and infrastructure modernization. The MoU, renewed via video-conference, was approved by India's Ministry of Railways and Ministry of External Affairs.
Union Minister Ashwini Vaishnaw highlighted that the MoU establishes a comprehensive framework to support technology sharing, track management, and construction advancements, aligning with India’s commitment to modernizing its railway infrastructure. Swiss Federal Councilor Albert Roesti emphasized that Swiss technology would enhance Indian Railways' efficiency, safety, and service quality.
The renewed agreement builds on an original MoU from 2017, which covered areas like traction rolling stock, EMU train sets, propulsion equipment, electrification, and station modernisation. To facilitate this cooperation, a Joint Working Group (JWG) was established, holding meetings to explore collaboration on freight and passenger cars, railway electrification, station modernisation, and tunnelling technology.
During the most recent JWG meeting in October 2023, Indian representatives highlighted ongoing railway investments, offering Swiss companies significant opportunities in India's rail sector. This partnership is expected to improve railway services in India, benefiting both passenger and freight transport, with Swiss companies contributing machinery, materials, and tunnelling consultancy.
The signing event was attended by Indian Ambassador to Switzerland Mridul Kumar, Federal Councilor Albert Roesti, and other dignitaries.
(PIB)
Related Stories
Railways
Balu Forge and Swan Energy partner for railways, defence, and aerospace ventures
According to an exchange filing, BFIL will hold a 40% stake in the SPV, with SEL taking the remaining 60%.
Read moreRailways
BEML submits lowest bid for 70 driverless trains for Chennai Metro Phase II
The contract is valued at approximately Rs 36 billion, with the trains likely to be produced in Bengaluru.
Read moreAutomation & Robotics
Innovative technologies in motion control attract new entrants to the market
Although new vendors have not acquired meaningful market share, as the supplier base has not yet consolidated, we expect they will increase their presence, especially in their local markets; China, ..
Read moreRelated Products
Ball Rail Systems
Railways
Jinisha Electrolites offers a wide assortment of ball rail systems
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
