New Delhi, In sync with the governments’ efforts to accelerate the modernization of Indian Railways and participate in GOI ‘Make in India’ initiative, Escorts has showcased a series of world class railway products that make rail travel safer both though a blend of deep in-house R&D and strategic collaborations with Global technology Leaders. The products on display include – High-end Computer Controlled Electronic Locomotive Brake Systems, High-Speed Axle mounted Disc Brakes and Wheel mounted Disc Brakes for Trainsets and Metros besides the AARH Coupler, Loco and LHB Dampers and Air Springs.
Escorts has collaborated with the Global technology leaders like YUJIN Machinery Ltd- South Korea for Brake Systems for Metro, High Speed trains and Trainsets like the Train -18 or the Vande Bharat Express.
A very rich and diverse range of products developed through inhouse R&D and some through Technology collaborations are displayed during the three-day Indian Railway Equipment Exhibition (IREE) 2019, which kick started at Aerocity in the National Capital on 22nd October.
Being a leading partner to the Indian Railways for ensuring safety and comfort in Rail Transport, Escorts’ Railway Equipment Division is working on a game plan towards greater import substitution and input cost optimization though frugal engineering and value innovation in their product offerings.
Mr Dipankar Ghosh, CEO, Escorts Railway Equipment Division (RED), said, “The massive transformation in Indian Railways in the past few years is phenomenal and progressing at an advanced stage. We at Escorts is all set to act as a catalyst in the modernization and indigenization drive of Indian Railways. We are proactively exploring joint ventures with foreign players for high end technological collaborations under Make In India initiative of the government besides building a deep inhouse R&D to develop cutting edge technologies for a safer and comfortable rail transport.
We are proud and feel privileged to work with Indian railways to bring the best of technologies available globally at the Indian price and build the competence for high end technology assimilation and absorption in India for the future in-country development of high end subsystems.
We expect the IREE platform to give us immense visibility for our Export markets like Egypt, Malaysia, Thailand and Sri Lanka, Iran, Bangladesh and even China.
Escorts is the only Indian brand exporting brake systems to China, Spain, Portugal, and New Zealand.
Today we are the largest indigenous OEM for Indian Railways in the country within our category. We have been successful in quadrupling our railway equipment business and now have added a new plant to our existing manufacturing capabilities in tandem with the growth path indicated by the Indian Railways.