Kyosan Electric Manufacturing, a 100-year-old Japanese company that manufactures railway and road signalling systems, opened its first India office in Delhi on Monday to increase its presence in the country's railway network.
The company has plans to be part of the huge expansion of the Indian railways network by providing safety signalling system for the proposed high speed railways and special corridors. There are 20 rail routes that are ready for high speed corridors.
In the next five years, signalling projects in Indian railways is expected to touch $3 billion. "Indian railways and road users can look forward to improved traffic safety and reliability, and our global corporate motto has been promoting safety and reliability," said T Tokodai, president and chief operating officer, Kyosan Electric Manufacturing.