India eyes China tech for railway expansion
After the telecom and power sector being benefited from Chinese supplies of instruments, India is contemplating leveraging Chinese experience through a potential cooperation in the railway sector.
The two countries are slated to share their experience in expansion and management of railway network during the first two-day India-China Strategic Economic Dialogue, starting in Beijing on Monday. In fact, the chairman of the Railway Board will be accompanying the Indian delegation, led by Deputy Chairman of the Planning Commission Montek Singh Ahluwalia.
The Chinese side will be led by Zhang Ping, the chairman of Chinas National Development and Reform Commission.
Discussions during the 1st Strategic Economic Dialogue will focus on plan formulation and implementation in India and China, the global economic outlook, efficient use of water resources, energy efficiency and pricing and potential cooperation in the railway sector, said a communique issued by the Ministry of External Affairs.
Both sides had agreed to establish the dialogue platform during Chinese Premier Wen Jiabaos visit to India late last year.
Although both are among the top five largest railway networks in the world, India has been sluggish in expanding its network while China has made a determined progress and has set an ambitious expansion plan of high-speed rail network to connect the remotest parts of the country to its fastest growing regions by 2020.
The Indian side is likely to use the dialogue forum to explore cooperation in this sector, particularly drawing lessons how to use cheap technologies to undertake massive expansion of the railway network.
India eyes cheap China tech for railway expansion - Indian Express