Indo-Sweden inks MoU for building rail infra

    Indo Sweden MoU
    In order to bring the Indian rail sector matching global standards, Indian government has recently cleared the Memorandum of Understanding signed with Sweden for technical cooperation in the rail sector. The MoU, signed by the two sides in February this year, invisages cooperation in areas of benchmarking railway policy and regulation development, exchange of knowledge and technical expertise, freight operations in colder regions and tilting coaches. In fact, the rail ministry has signed pacts with multiple nations that allow technical cooperation in the railway sector with focus on high speed corridors, raising speed on existing routes, development of world-class stations, heavy haul operations and modernization of rail infrastructure. The cooperation is achieved through exchange of information on developments in areas of railways technology and operations, knowledge sharing, technical visits, training and seminars and workshops in areas of mutual interest, said official sources, adding that the MoU also provide a platform for Indian Railways to share the latest developments in the rail sector and facilitate exchange of technical experts, reports and documents, besides providing training and seminars focusing on innovative and specific technology.
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