Railway Minister Suresh Prabhu has invited foreign countries in order to make India their base for manufacturing by stating that the government would be investing $120 billion over the next five years to develop railway services. While targeting investments from abroad, Prabhu highlighted that India has the advantage of skilled manpower, big market and large manufacturing base and in addition to internal consumption such manufacturing centres have export potential. Prabhu has said to the foreign investors to come and make goods in India and then export from here.
Further, Prabhu said that there is positive environment for make in India. India would like to have partnership with other countries to make India a manufacturing centre. He also stated that Railways is working on Make in India strategy to attract investments. He stated that India has technological collaboration with many countries in rail sector.
The main objective to develop railway services is to have zero accident mission with a definite time line which will require integrated approach involving use of cost effective advanced technology and properly trained manpower. India should adopt new appropriate technology to minimize human errors. Prabhu 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. He has laid the importance 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.
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