The Indian Railways is among the world’s largest rail networks. The Indian Railways network is spread over 115,000 km, with 12,617 passenger trains and 7,421 freight trains each day from 7,172 stations plying 23 million travelers and 3 million tonnes (MT) of freight daily. India's railway network is recognized as one of the largest railway systems in the world under single management.
The railway network is also ideal for long-distance travel and movement of bulk commodities, apart from being an energy efficient and economical mode of conveyance and transport.
The Government of India has focused on investing in railway infrastructure by making investor-friendly policies. It has moved quickly to enable Foreign Direct Investment (FDI) in railways to improve infrastructure for freight and high-speed trains. At present, several domestic and
foreign companies are also looking to invest in
Indian rail projects.Semco has been an instrumental
supplier to the Indian Railways since 2000. In 2006, a
joint venture between Semco and CRRC Datong Electric
Locomotive was initiated. The company became the
largest railway wheelsets and axle provider in India,
enjoying 75% of market share in the industry.