Driving India’s Railway Infrastructure Revolution

The railway infrastructure services market in India is showing high growth, driven by on-going modernization efforts, the growing demand for efficient transportation and the increased government investment. India has one of the world's largest railway networks, and due to its huge population and its economy expanding, its infrastructure needs constant upgrades.

The National Infrastructure Pipeline (NIP) of the Indian government has been actively prioritizing railway infrastructure as it envisions building high speed rail corridors, station redevelopment projects and electrification of rail lines. Much of the investment in the railway infrastructure sector has been on this focus, attracting both domestic and foreign investment, opening up opportunity for companies that are in the construction, engineering and technology solutions.

Modernization of railway stations and new freight corridors are major trends. Indian Railways is investing aggressively in the redevelopment of key stations, an effort to modernise and improve passenger experience and efficiency. The Dedicated Freight Corridor (DFC) project also plans to improve freight transportation, with faster, cheaper delivery of goods. Reducing congestion and improving logistics efficiency are key to India’s economic growth. Additionally, the bullet train project is indicative of long term transformation in India railway landscape. However, these projects are also expected to take the pressure off existing railway infrastructure and open up new doors for innovation in rail technology.

In this special issue, we introduce you to the top companies in this segment. Industry Outlook has identified the select few companies that have done particularly well with a high level of dedication. We have found that they have gone the extra mile in proving their commitment to excellence in an integrated manner.

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