Press Release-With PM Modi's vision, India will become a major rail technology exporter in the world in three years Union Minister for Railways, Communications, Electronics

With PM Modi's vision, India will become a major rail technology exporter in the world in three years: Union Minister for Railways, Communications, Electronics & Information Technology, Govt of India, Ashwini Vaishnaw

“Railways is a key sector to transform the economy”, said Ashwini Vaishnaw

Mumbai, 24 February 2023: “India will become a major technology exporter within the next 2-3 years across various sectors. Today, 99% of mobiles in India are made-in-India whereas earlier 99% were imported”, said Ashwini Vaishnaw, Union Minister for Railways, Communications, Electronics & Information Technology.

The minister was speaking at the second edition of ABP Network’s “Ideas of India” Summit 2023, on the topic “Last Mile Mobility Connecting the Dot.” The summit has brought together policymakers, cultural ambassadors, industry experts, celebrities, and business leaders to discuss the critical role of India during the global churn and changing dynamics.

Giving a snapshot of key railway stations being redeveloped with modern technology and planning, Vaishnaw, said, “50 acres of new space is being created inside the station in Delhi. For which 38 new permissions have been taken for the overhaul”.

Commenting on handling 3 key ministries, He said, “More gets done in the IT sector with less effort, railway requires hard work as it's a large organization. Telecom has more complexities”.

He further added, “For a country of our size, there's no other way of transforming the economy than transforming railways”.

The second edition of ABP Network’s “Ideas of India” Summit is being held on the theme “Naya India: Looking Inward, Reaching Out.” Along with global leaders, 60 eminent national and international speakers will share the stage this time. The two-day event primarily addresses India’s stand as a burgeoning economy and global leader in shaping the future.

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