“We appreciate Union Minister Ashwini Vaishnaw’s (Minister for Railways, Information & Broadcasting and Electronics & Information Technology, GoI) focus on policy-driven growth, including infrastructure investment, manufacturing and innovation support, inclusive development, and regulatory simplification.” Gaurav Lath, Joint Managing Director, Concord Control Systems Limited
As we approach Union Budget FY27, the railway technology sector stands at an exciting threshold, thanks to the visionary leadership driving India’s rail revolution. We commend the government’s tireless efforts in prioritizing safety, security, and innovation across the ecosystem, evident in groundbreaking initiatives like green hydrogen adoption and Kavach 4.0.
We appreciate Union Minister Ashwini Vaishnaw’s (Minister for Railways, Information & Broadcasting and Electronics & Information Technology, GoI) focus on policy-driven growth, including infrastructure investment, manufacturing and innovation support, inclusive development, and regulatory simplification. The sector strongly supports this approach, which will create a stable, predictable environment to scale homegrown technologies and attract global investment.
The sector seeks sustained policy support to scale from pilots to commercial green hydrogen infrastructure for railways. Long-term policy visibility, paired with targeted incentives for indigenous R&D in advanced electronics, will supercharge homegrown players like us Concord Control Systems Limited. Strengthened public-private partnerships, swift technology validation, and streamlined certification, building on the government’s robust frameworks therefore will fast-track innovations.
These steps will further cement Atmanirbhar Bharat, and position India as a rail tech superpower. We are confident this budget, under Hon’ble Finance Minister’s guidance, will deliver that transformative foundation.
The author is Gaurav Lath, Joint Managing Director, Concord Control Systems Limited
