October 31, 2024
2 mins read

Railways renews MoU with Switzerland to boost cooperation

Before the signing of the MoU, a Joint Working Group (JWG) was formed to facilitate collaboration between representatives of Indian Railways and Swiss Railways…reports Asian Lite News

Indian Railways today signed a Memorandum of Understanding (MoU) with the Federal Department of the Environment, Transport and Communications of the Swiss Confederation to enhance technical cooperation between the two nations. The MoU renewed and formalized through video-conferencing, received approval from the Ministry of Railways and the Ministry of External Affairs.

Addressing the MoU signing ceremony, Union Minister of Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw said this MoU will provide comprehensive framework for collaboration to the Indian Railways in various areas, including technology sharing, track maintenance, management and construction. This MoU is also aligning with our government’s commitment to modernising Indian Railways.

Addressing the event, Federal Councillor and Head of the Federal DETEC, Albert Roesti said Switzerland’s advanced railway technology will benefit Indian Railway by improving operational efficiency, safety standards, Service quality and railways infrastructure development.

The original MoU, signed on August 31, 2017, was valid for five years and focused on several key areas of collaboration: Traction Rolling Stock, Electric Multiple Units (EMU) and Train Sets, Traction Propulsion Equipment, Freight and Passenger Cars, Tilting Trains, Railway Electrification Equipment, Train Scheduling and Operational Improvements, Railway Station Modernization, Multimodal Transport Solutions, Tunnelling Technology.

Before the signing of the MoU, a Joint Working Group (JWG) was formed to facilitate collaboration between representatives of Indian Railways and Swiss Railways. The JWG convened two meetings to explore various key areas of cooperation, with sessions taking place on October 21, 2019 and August 30, 2022. The primary areas of discussion were: Freight and Passenger Cars, Railway Electrification Equipment, Railway Station Modernization, Tunnelling Technology.

At the third JWG meeting that took place in October last year, chaired by then Chairperson and CEO of the Railway Board, alongside Peter Füglistaler, Director of the Federal Office of Transport in Switzerland, the Indian side presented ongoing capital expenditure initiatives, highlighting significant investment opportunities in the Indian Railway sector for Swiss firms.

This partnership is set to enhance the efficiency and reliability of Railway services in India, ultimately benefiting passengers and freight operations alike. Notable Swiss companies will supply machinery, materials and tunnelling consultancy services.

The event was graced by Shri. Mridul Kumar, Ambassador of India to Switzerland, Albert Roesti, Federal Councillor and Head of the Federal Department of the Environment, Transport and Communications (DETEC).

ALSO READ: Air India cancels 60 flights to US in peak season

Previous Story

Singapore’s GFTN Group to collaborate with partners in India

Next Story

Panel proposes comprehensive reforms for NEET

Latest from -Top News

Learning Forbidden

The imposition of what it called a “gender apartheid system”, one million Afghan girls remain locked out of classrooms as Taliban restrictions crush hopes, deny futures, and silence young voices yearning for

Stalin presses PM for fertilisers

MK Stalin presses PM Modi for fertiliser supplies, warns of disruption to farmers, while declaring Tamil Nadu a BJP ‘no-entry zone’ and vowing DMK’s 2026 victory. Tamil Nadu Chief Minister MK Stalin

Tejashwi claims ‘public fury’ against Bihar govt

Tejashwi Yadav’s Bihar Adhikar Yatra draws thousands, with RJD claiming growing anger over corruption, crime and unemployment, while NDA leaders tout development ahead of crucial state elections. Rashtriya Janata Dal (RJD) leader

India and US launch new space era

Washington event marks deeper cooperation on Moon, Mars and beyond as astronauts and officials hail partnership…reports Asian Lite News India and the United States have marked the start of what both sides
Go toTop

Don't Miss

Operation Ajay: 2nd Flight From Israel Lands in New Delhi

Operation Ajay: 2nd flight carrying 235 Indians arrives from war-torn

India’s Exports Rise 2.65% in March, Touch $73.6 Billion

India’s total exports of goods and services reached $73.61 billion