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flag Indian rail firms aim for 7-8% of global rail market by 2026 via exports and modernization.

flag Indian railway manufacturers are targeting 7-8% of the $360 billion global rail market by FY2026, driven by domestic modernization and rising exports of rolling stock, safety systems, and components to over 13 countries, including the U.S., Germany, and Canada. flag The International Railway Equipment Exhibition 2025 in New Delhi, featuring over 450 exhibitors, highlights advancements in digital signaling, rolling stock, and track technology, underscoring India’s growing role in global rail supply chains. flag The domestic rail market is valued at ₹2.5 lakh crore annually, with industry leaders citing strong export momentum and long-term growth potential despite ongoing challenges in workforce skills and infrastructure quality.

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