The Indian government is set to announce a landmark Rail Tech policy in the coming weeks, aimed at transforming the country into a global hub for railway manufacturing. The policy seeks to drastically reduce dependence on foreign suppliers—primarily China, which remains India’s largest source of rolling stock components like bogies and wheelsets
Under the new framework, the Railway Board will provide partial funding, technical expertise, and access to elite testing centers for local firms. This move follows a massive ₹52,108 crore allocation in the FY27 Budget for rolling stock, focused on expanding the Vande Bharat fleet and achieving total self-reliance for seven new bullet train networks.
With annual imports currently hovering around ₹6,098 crore, India is targeting high-precision components often sourced from Germany and Austria. By fostering a “Make in India” ecosystem for advanced sub-systems, the government aims to capture nearly 8% of the $360 billion global rail market by the end of the 2026 fiscal year.
