Indian Railways Renews MoU with Switzerland for Advanced Infrastructure Modernization
Indian Railways has renewed its Memorandum of Understanding (MoU) with Switzerland’s Federal Department of the Environment, Transport, Energy and Communications (DETEC) to deepen technical collaboration, targeting infrastructure modernization and operational efficiency. Signed via video conferencing, this agreement marks the continuation of a partnership initiated in 2017, focusing on areas critical to railway technology enhancement.
The MoU renewal received backing from India’s Ministry of Railways and Ministry of External Affairs, with Union Minister Ashwini Vaishnaw highlighting the alignment with India’s modernization goals.
The renewed MoU emphasizes areas such as:
A Joint Working Group (JWG) has been in place to facilitate collaboration since 2017, holding periodic meetings—most recently on October 11, 2023—to discuss capital expenditure and infrastructure investment opportunities for Swiss firms. The Indian Railways’ focus on foreign partnerships is expected to boost passenger and freight services, with Swiss firms providing machinery, materials, and consultancy support in tunneling projects.
This partnership is set to significantly enhance Indian Railways’ efficiency, reliability, and service quality, benefiting both passengers and freight operations. The presence of notable figures, including Mridul Kumar, India’s Ambassador to Switzerland, and Federal Councilor Albert Roesti, underscores the commitment to leveraging international expertise in the ongoing modernization of Indian rail infrastructure.
Cristiano Ronaldo is one of the most successful and recognised footballers in the football history.…
Portuguese football star and Global icon Cristiano Ronaldo has announced his retirement from the international…
The Supreme Court of India has made it clear that the constitutional 24-hour time period…
Researchers based at the Jawaharlal Nehru Center for Advanced Scientific Research (JNCASR) have developed a…
The Chhattisgarh Legislative Assembly will transform into a 'zero-paper ’ institution under the National e-Vidhan…
The National Payments Corporation of India (NPCI) has set up a wholly-owned subsidiary called NPCI…