India and Spain have signed a memorandum to advance railway transport development and create growth opportunities. This was reported by the railway transport news portal Railway Supply.

Railway Transport Development
Photo: CNN

India and Spain have signed a new memorandum of understanding to boost railway transport development. This agreement creates growth opportunities for both countries, focusing on high-speed rail infrastructure and technology.

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According to the memorandum, which is effective for five years with an option to extend, the countries will focus on infrastructure enhancement. Key areas include planning, design, construction, and maintenance of high-speed railway lines and related facilities. India and Spain will also emphasize developing equipment for long-distance networks, including regular and high-speed routes.

The document also covers technology integration, allowing trains to adapt to different track standards. Additionally, both countries aim to enhance safety and implement modern control systems. A particular focus is on acquiring and integrating on-board and ground-based ERTMS equipment, which will greatly improve railway safety.

Collaboration for Railway Transport Development and Innovation

The memorandum spans several fields, including experience sharing and pilot project development, enabling both sides to learn from each other’s practices. The agreement calls for technical consultations and project support to ensure successful collaborations. It also encourages research and the implementation of new technologies and innovations in the railway industry.

Investments and Prospects for High-Speed Railway Transport Development

The memorandum signing coincides with the launch of a major high-speed train production project in India. In October, BEML Limited secured a substantial contract from Chennai-based Integral Coach Factory. The contract, valued at ₹8.67 billion (around $105 million), includes the design, manufacturing, and commissioning of two eight-car high-speed trains.

These new trains can reach speeds of up to 280 km/h, marking a breakthrough for India’s railway industry. Design and production are fully localized, making this project the country’s first indigenously developed high-speed railway fleet.

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