Prabhu pitches 'Make in India' for Railways

To further attract investments in railways, Railway Minister Suresh Prabhu on Saturday invited foreign players to make India their manufacturing base as the Government would be investing $120 billion over the next five years to develop railway services. Prabhu reiterated that Railways is working on Make in India strategy to attract investments.

Prabhu said the main thrust of any transport organisation should be on safe and secure transportation with zero scope for accidents and emphasised the need to launch “zero accident mission” with definite timeframe.“World-wide focus on transportation is safety and it is for Indian Railways as well. It is most important for us to ensure safe travel with the help of latest technology,” Prabhu said at International Railway Convention on “Advances in Command, Control and Communication Systems for Main line, Metro and High Speed Transit Systems.” 

Highlighting the scope of investment in rail sector, he said, “The Government will be investing about USD 120 billion in the next five years in railways and the amount will be more in future.” The seminar was attended by many representatives of foreign nations including Japan, Korea, Russia, among others. He said India has technological collaboration with many countries in rail sector.

Targeting investments from abroad, Prabhu said India has the advantage of skilled manpower, big market and large manufacturing base and in addition to internal consumption; such manufacturing hubs have export potential.

“There is a positive environment for make in India. We would like to have partnership with other countries to make India a manufacturing hub. Come and make your goods here and then export from here,” he said. 

He also laid emphasis on development of technology like remote sensing to control accidents at unmanned level crossings by providing indications about approaching trains and any obstruction on track. Prabhu pointed out that in such conferences “we should focus on global benchmarks and assess our standing as compared to global standards.”

“We should adopt new appropriate technology to minimise human errors. Our objective should be to have zero accident mission with a definite time line,” he said. He however said that this requires integrated approach involving use of cost effective advanced technology and properly trained manpower.He further said that new advances in command, control and communication system can play a very vital role in evolving safe and secure operation environment on Indian Railways where there should be no scope of accidents even in case of human errors.