Escorts Showcases Indigineously Made World Class Products At Iree 2019
New Delhi, October 22, 2019: In sync with the governments’ efforts to accelerate the modernization of Indian Railways and participate in GOI ‘Make in India’ initiative, Escorts has showcased a series of world class railway products that make rail travel safer both though a blend of deep in-house R&D and strategic collaborations with Global technology Leaders. The products on display include – High-end Computer Controlled Electronic Locomotive Brake Systems, High-Speed Axle mounted Disc Brakes and Wheel mounted Disc Brakes for Trainsets and Metros besides the AARH Coupler, Loco and LHB Dampers and Air Springs.
Escorts has collaborated with the Global technology leaders like YUJIN Machinery Ltd- South Korea for Brake Systems for Metro, High Speed trains and Trainsets like the Train -18 or the Vande Bharat Express.
A very rich and diverse range of products developed through inhouse R&D and some through Technology collaborations are displayed during the three-day Indian Railway Equipment Exhibition (IREE) 2019, which kick started at Aerocity in the National Capital today.
Being a leading partner to the Indian Railways for ensuring safety and comfort in Rail Transport, Escorts’ Railway Equipment Division is working on a game plan towards greater import substitution and input cost optimization though frugal engineering and value innovation in their product offerings.
Mr Dipankar Ghosh, CEO, Escorts Railway Equipment Division (RED), said, “The massive transformation in Indian Railways in the past few years is phenomenal and progressing at an advanced stage. We at Escorts is all set to act as a catalyst in the modernization and indigenization drive of Indian Railways. We are proactively exploring joint ventures with foreign players for high end technological collaborations under Make In India initiative of the government besides building a deep inhouse R&D to develop cutting edge technologies for a safer and comfortable rail transport.
We are proud and feel privileged to work with Indian railways to bring the best of technologies available globally at the Indian price and build the competence for high end technology assimilation and absorption in India for the future in-country development of high end subsystems.
We expect the IREE platform to give us immense visibility for our Export markets like Egypt, Malaysia, Thailand and Sri Lanka, Iran, Bangladesh and even China.
Escorts is the only Indian brand exporting brake systems to China, Spain, Portugal, and New Zealand.
Today we are the largest indigenous OEM for Indian Railways in the country within our category. We have been successful in quadrupling our railway equipment business and now have added a new plant to our existing manufacturing capabilities in tandem with the growth path indicated by the Indian Railways.
For the Editors:
Escorts Railway Products (ERP), a division of the Escorts Group, is the supplier of new products like Locomotive Brake Electronics, Loco Dampers Axle Mounted Disc Brakes, Brake Disc and LHB Dampers, besides critical railway products like brake systems, couplers, suspension systems and Rubber and Friction Products in the past. Since 1962, the company has been a reliable partner of Indian Railways throughout its journey of modernization.Escorts has a presence in almost all the rolling stock segments of Passenger Coach, Locomotive, Wagons, EMUs and Metro. Escorts Railway Products are certified to ISO 9001:2008 and its products conform to Indian standards such as RDSO as well as international standards such as UIC and AAR, besides having won the IRIS certification.
The Escorts Group is among India's leading engineering conglomerates, operating in the high-growth sectors of Agri Machinery, Material Handling, Construction Equipment and Railway Equipment. The Group has earned the trust of over 5 million customers by way of product and process innovations over seven decades of its existence. Escorts endeavours to transform lives in rural and urban India by leading the revolution in agricultural mechanization, modernization of railway technology and transformation of Indian construction.
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