Tag: indian railways news

Vande Bharat trains will increasingly have indigenous components, with the Modi government looking at a new PLI or Production Linked Incentive Scheme for train parts. In a bid to attract foreign manufacturing firms and lessen import reliance, the government is set to roll out a PLI scheme for train component manufacturers, an ET report said.The demand for Vande Bharat and LHB components is poised to witness a substantial surge in the country. By 2047, an estimated 4,500 VB trains will be operational nationwide, an official was quoted as...