India Rolling stock Market (2025-2031) | Outlook, Size, Share, Revenue, Value, Forecast, Companies, Growth, Industry, Analysis & Trends

Market Forecast By Product (Locomotive, Metro, Monorail, Tram, Freight Wagons, Passenger Coaches, Others), By End Use (Passenger Transit, Cargo Train), By Type (Diesel, Electric) And Competitive Landscape
Product Code: ETC027884 Publication Date: Aug 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Rolling stock Market Size Growth Rate


The India Rolling stock Market could see a tapering of growth rates over 2025 to 2029. Starting high at -9.04% in 2025, the market steadily declines to -19.25% by 2029.

India Rolling stock Market Growth Rate

India Rolling stock Market Size Growth Rate

India Rolling stock Market Synopsis

India rolling stock market is expected to witness significant growth over the forecast period of 2025-2031. This is attributed to various factors such as increasing investment in infrastructure development, rising urbanization, and conducive government policies for the upgradation of existing railway networks. India has been witnessing a rapid increase in investments for its railways sector since 2014, which was further boosted by the announcement of Make in India initiative by Prime Minister Narendra Modi. As per estimates from Indian Railways (IR), around INR 7500 billion (USD 104 billion) has been invested between 2014 and 2025 for capacity addition and modernization of the rail network across India. Furthermore, in April 2017, IR announced an ambitious plan to upgrade its network with an investment worth USD 137 billion over a five year period ending 2022. Additionally, initiatives such as Dedicated Freight Corridor Corporation of India Ltd., Bharatmala Pariyojana project and other private sector investment are likely to create numerous opportunities for rolling stock market players during the forecast period.

Drivers of the Market:

1) Increasing Investments: The Government of India has made heavy investments towards upgrading and expanding its existing railway network which makes it essential that there be enough availability/supply of rolling stock to match this increased demand from customers traveling through rail routes all across the country thereby driving up demand within this segment significantly particularly from private investors who look at attractive returns on their investments due to higher occupancy rates coupled with competitive pricing models offered by these firms operating within this space

2) Rising Urbanization & Digital Infrastructure Development : With rapid urbanization taking place across different cities throughout India , digital infrastructure plays a critical role when it comes providing efficient transport services . To meet these requirements , there have been several projects initiated focused on modernizing existing railway systems while also introducing newer technologies including IoT enabled platforms along with various analytics solutions . These projects require adequate supply/availability of rolling stocks hence contributing positively towards industry growth .

3) Favorable Government Policies & Regulations : Over recent years , Indian government has implemented multiple policies focused on improving overall operational efficiency within railways sector . For instance , 100 % FDI was allowed back in 2015 under automatic route allowing foreign companies participate more easily into business operations related to manufacturing & provisioning services associated with trains & locomotives thereby leading toward generating new revenue streams while also creating more employment opportunities both direct & indirect manner throughout country .

Key Highlights of the Report:

  • India Rolling stock Market Outlook
  • Market Size of India Rolling stock Market, 2024
  • Forecast of India Rolling stock Market, 2031
  • Historical Data and Forecast of India Rolling stock Revenues & Volume for the Period 2021-2031
  • India Rolling stock Market Trend Evolution
  • India Rolling stock Market Drivers and Challenges
  • India Rolling stock Price Trends
  • India Rolling stock Porter's Five Forces
  • India Rolling stock Industry Life Cycle
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Locomotive for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Metro for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Monorail for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Tram for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Freight Wagons for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Passenger Coaches for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Passenger Transit for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Cargo Train for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Diesel for the Period 2021-2031
  • Historical Data and Forecast of India Rolling stock Market Revenues & Volume By Electric for the Period 2021-2031
  • India Rolling stock Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Type
  • India Rolling stock Top Companies Market Share
  • India Rolling stock Competitive Benchmarking By Technical and Operational Parameters
  • India Rolling stock Company Profiles
  • India Rolling stock Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Rolling stock Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Rolling stock Market Revenues & Volume, 2021 & 2031F

3.3 India Rolling stock Market - Industry Life Cycle

3.4 India Rolling stock Market - Porter's Five Forces

3.5 India Rolling stock Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 India Rolling stock Market Revenues & Volume Share, By End Use, 2021 & 2031F

3.7 India Rolling stock Market Revenues & Volume Share, By Type, 2021 & 2031F

4 India Rolling stock Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Rolling stock Market Trends

6 India Rolling stock Market, By Types

6.1 India Rolling stock Market, By Product

6.1.1 Overview and Analysis

6.1.2 India Rolling stock Market Revenues & Volume, By Product, 2021-2031F

6.1.3 India Rolling stock Market Revenues & Volume, By Locomotive, 2021-2031F

6.1.4 India Rolling stock Market Revenues & Volume, By Metro, 2021-2031F

6.1.5 India Rolling stock Market Revenues & Volume, By Monorail, 2021-2031F

6.1.6 India Rolling stock Market Revenues & Volume, By Tram, 2021-2031F

6.1.7 India Rolling stock Market Revenues & Volume, By Freight Wagons, 2021-2031F

6.1.8 India Rolling stock Market Revenues & Volume, By Passenger Coaches, 2021-2031F

6.2 India Rolling stock Market, By End Use

6.2.1 Overview and Analysis

6.2.2 India Rolling stock Market Revenues & Volume, By Passenger Transit, 2021-2031F

6.2.3 India Rolling stock Market Revenues & Volume, By Cargo Train, 2021-2031F

6.3 India Rolling stock Market, By Type

6.3.1 Overview and Analysis

6.3.2 India Rolling stock Market Revenues & Volume, By Diesel, 2021-2031F

6.3.3 India Rolling stock Market Revenues & Volume, By Electric, 2021-2031F

7 India Rolling stock Market Import-Export Trade Statistics

7.1 India Rolling stock Market Export to Major Countries

7.2 India Rolling stock Market Imports from Major Countries

8 India Rolling stock Market Key Performance Indicators

9 India Rolling stock Market - Opportunity Assessment

9.1 India Rolling stock Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 India Rolling stock Market Opportunity Assessment, By End Use, 2021 & 2031F

9.3 India Rolling stock Market Opportunity Assessment, By Type, 2021 & 2031F

10 India Rolling stock Market - Competitive Landscape

10.1 India Rolling stock Market Revenue Share, By Companies, 2024

10.2 India Rolling stock Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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