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Export of China’s High-Speed Rail Steps Forward: CRRC Sets up First Railway Plant in South Asia

(People's Daily Online)    17:28, August 26, 2016

CRRC has established the first railway plant in South Asia. This is the first time that a Chinese transit equipment company has used Indian manufacturing locally.

CRRC-Pioneer (India) Electric Company, jointly established by China’s CRRC Yongji Electric Company and India’s Pioneer Trading Company, started operations in the Haliyana Bawo Industrial Park on August 20. The industrial park is located between New Delhi and Mumbai. China Railway made the announcement yesterday. China Industrial Economy News believes that the combination of the China-brand and Indian manufacturing is a new model for China’s high-speed rail export strategy.

The company will primarily be used to produce and maintain electric rail machinery, but will also provide technical support for India’s railways, as well as electric drive systems for oil drilling, wind power generation, and mining equipment. India is second only to China in terms of population size. India’s largest seaport and western city, the city of Mumbai, is the country’s most populated area, and one of the most populous cities in the world. Railway is a key means of transportation in India, so the market has great potential. Through the joint venture, the advantages of China’s advanced rail technology coupled with the advantages of Pioneer’s market resources and expansion, India’s rail industry will receive better after-sales services and technical support, and the venture will double the size of this new economic growth point.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor: Sun Zhao,Wu Chengliang)

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