Home Miscellaneous Indian Railways RITES and Indian Railways Accelerate Exports to Global Markets via New FTAs 

RITES and Indian Railways Accelerate Exports to Global Markets via New FTAs 

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RITES and Indian Railways Accelerate Exports to Global Markets via New FTAs 
RITES and Indian Railways Accelerate Exports to Global Markets via New FTAs/Representational Image

NEW DELHI (Metro Rail News): Indian Railways is rapidly expanding its global footprint by exporting metro coaches, locomotives, and specialized railway engineering services. This export boom is heavily supported by a significant increase in private sector participation within the domestic rail ecosystem, alongside newly signed Free Trade Agreements (FTAs) with key partner nations. 

Under the proactive “Make in India, Make for the World” initiative, the sector has aggressively transitioned from being a technology importer to a global exporter. This shift reflects India’s vision to grow into an international manufacturing hub, expanding its railway infrastructure footprint to over 16 countries. 

While the primary target markets initially included neighboring countries like Nepal, Bangladesh, and Sri Lanka, India’s railway consulting and export arm, RITES, is now actively pursuing opportunities in South American markets, including Chile, Brazil, and Argentina. 

The Cost-Competitiveness Edge

A major catalyst driving India’s fast-paced expansion into the global railway market is its extreme cost-efficiency. For instance, a standard 16-coach Vande Bharat trainset is roughly 40% cheaper than similar semi-high-speed trainsets manufactured by European conglomerates like Alstom or Siemens. This makes Indian rolling stock an incredibly attractive option for budget-conscious nations seeking modern transit solutions.

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Impact of New-Generation FTAs

Speaking on the sidelines of a FICCI seminar on July 8 2026 about Investment Economics in India, Surendra Ahirwar, Executive Director of Traffic Commercial (Rates) at the Railway Board, highlighted the expanding reach of the Indian railway ecosystem as reported by ANI.

Mr.Ahirwar emphasized the positive impact of new-age FTAs, noting that these agreements are designed to do more than just facilitate basic trade. They act as powerful tools for economic integration, paving the way for foreign direct investment (FDI) and integrating Indian manufacturing seamlessly into global supply chains. 

Major Project Milestones 

In June 2026 itself India successfully flagged off its first major locomotive export to the Republic of Guinea from the advanced Marhowra manufacturing plant in Bihar. This forms part of a massive deal to supply 150 heavy-haul evolution-series locomotives to the African nation. Simultaneously, RITES signed a strategic Memorandum of Understanding (MoU) with a major Middle Eastern rail operator, expanding India’s reach into high-value engineering consultancy and network management in foreign markets.

Also Read: Railways begins land acquisition for Vande Bharat Sleeper Depot in Bengaluru

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