Back on track: Vande Bharat's Russian woes may see light at end of tunnel

With estimated Rs 1,200 crore investment, Ramkrishna Forgings and Titagarh Wagons to set wheels of flagship train project in motion

India’s iconic Vande Bharat train project may finally find a solution to its two Russian-related issues. The first pertains to a delay in the manufacturing of 120 Vande Bharat trains, which has arisen due to differences between Russian and Indian partners within the joint venture (JV) company Kinet Railway Solutions. The second involves a supply roadblock of forged wheels from Ukraine for the Vande Bharat trains, both of which have been triggered by the war in the region.

Kinet is a JV between Rail Vikas Nigam (RVNL) and Metrowagonmash.

On Tuesday, RVNL announced that a share purchase agreement had finally been signed