Australia research centre enters into agreement with Indian Railways

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  • A Railway research centre in Australia has entered into an agreement with the Indian Railways to support future research and technology development related to critical infrastructure in India.
  • Representatives from Monash University Institute of Railway Technology (IRT) and Indian Ministry of Railways corporation DFCCIL (Dedicated Freight Corridor Corporation of India Limited) signed an agreement.
  • IRT with partners – Balaji Railroad Systems Ltd (BARSYL), leading railway consultants in India, PwC, and Indian Institute of Bombay (IITB) were selected as the preferred supplier from a competitive global selection process.
  • They will provide guidance on the establishment of a new applied research and development institute in India known as SRESTHA (Special Railway Establishment for Strategic Technology & Holistic Advancement).
  • SRESTHA will be locally engaged, but have a global reach with the aim to become a world leader in the advancement of rail.
Quick Question for Bank PO/ IBPS Exams 2016-17:
 Which country’s railway research centre has entered into an agreement with the Indian Railways to support future research and technology development related to critical infrastructure in India?
 – Australia. 

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