India, Oct. 15 -- India's railway sector is expanding its focus on modernisation, improved passenger services and advanced railway technology. The development of new train platforms, including Vande Bharat and metro systems, is creating opportunities for companies supplying propulsion equipment and electrical systems. At the same time, railway infrastructure companies need to demonstrate their ability to execute orders, scale manufacturing and deliver products within specified timelines.

MV Electrosystems Ltd operates in railway propulsion systems and electrical hardware used in railway overhead electrification. Its business includes locomotive propulsion systems and the development of propulsion technology for other train categories. T...