Explore Crisil, a company of S&P Global

Formerly known as Market Intelligence & Analytics

Railways

Rail is the backbone of transport in many economies globally. Technically, it is a far more complex mode of transport than roads but provides the most optimistic opportunity to achieve sustainability goals as well as reduction in logistics cost.

The railway sector is one of the key enablers of industrial growth in a country.

Increased demand for passenger and freight transportation, along with increased government investment in the rail infrastructure, will continue to amplify growth of this sector, not only in India but also in other South Asian countries and Africa.

We have been closely engaged with the railway authorities in India, home to one of the largest rail networks in the world.

Driven by a surge in demand for a quick, comfortable, safe and reliable mode of transport in India, the railway sector is undergoing an unprecedented transformation.

This growing demand has spurred the development of new infrastructure projects, attracted large-scale investments, and created fresh opportunities for private sector participation in the country.

The range of transformational activities cover rolling stock technologies, electrification of tracks, new wagon designs, evolution of the policy and regulatory ecosystem, safety-related innovations, enhancement of passenger comfort, increase in cargo capacities, integrated logistics planning, and increase in speed and reliability.

Leveraging our deep understanding of the sector and market dynamics as well as analytical expertise, we offer strategic insights and a comprehensive range of services to help stakeholders navigate the complex landscape of the railway sector.

Our team has expertise in policy-level interventions, institutional frameworks, regulatory compliance, project conceptualisation, investment planning, and project structuring, management and implementation.

 

The services we offer

 

 

Demand forecast and traffic studies (passenger and cargo)

Business strategy and planning

Policy support and navigating regulations

Project concept and feasibility studies

Customised sector research and insights

PPP structuring and financial analysis

Vendor assistance and transaction advisory

Project management and monitoring

Performance measurement and operation efficiency

Asset monetisation

Investment strategy

Disaster resilience and mitigation

 

We have extensive experience working with various government agencies, large private investors, multilateral and bilateral agencies, and other stakeholders in the railway sector, including engineering and logistics service providers.

 

Impact Cases

 

 

An Indian rolling stock manufacturer is seeking an expansion strategy that incorporates inorganic growth opportunities, leverages innovative technologies and drives organisational transformation.

We can combine strategy and sector expertise to develop such a plan for the manufacturer. The market in India offers opportunities in the form of adjacencies such as equipment manufacturing and various upstream and downstream activities (e.g., track development and train operations). There is a good focus on adopting innovative technologies to improve safety, reliability and efficiency.

Our team can align the organisational structure and capacity with identified goals, based on market dynamics, and subsequently align these with resources, tie-ups and funding.

An Indian Railways entity is looking to develop a framework to enhance private sector involvement in its downstream functions

The railway sector in India has witnessed various PPP models, distinct from those in other transportation sectors, with varying degrees of attractiveness. Rolling stock factories, track development and container train operations are some examples.

We bring the combined experience of PPP models across sectors and learning from specific experiences in the railway sector to deliver meaningful and effective models. Our team can walk-the-talk by helping implement them to drive outcomes.

 

A railway entity in Southeast Asia is looking to undertake feasibility analysis and business planning for a proposed railway corridor, ensuring alignment with the national vision for passenger transport and logistics

We have undertaken feasibility analysis for several large infrastructure projects. Combining market, traffic, financial and technical expertise, we can align outcomes of such analysis with the broader network planning, the integration with other modes, the logistics vision, and the impact on industrial development.

A railway entity is seeking a comprehensive plan to achieve decarbonisation and climate-resilient development and operations

Our experts have advised on related aspects across sectors in India and internationally. We have a repository of learning from various case studies, which can be contextualised to develop a comprehensive, robust and effective framework.

Our team can also assist with implementation and provide the necessary capacity and capabilities.