GIPE-PUNE-OIIOI2 - DSpace@GIPE

HU11-IE RAILWAY INDUSTRY AND COMMERCE OF INDIA
'is more.tllan five times as important in world-~onomy as
Chiria, at least 3·3 times as valuable asJapan and almost
thrice as significant as Italy. The question of Indian railway
stores looms, therefore, very large not only in the
eyes of Indian manufacturers and traders but of foreign
factories, exporters ahd commercial agents as well. The
significance of Indian railways in world trade is great.
For instance, to the manufacturers of locomotives
.India is a big as well as expanding market. India's
-demand for railway engines is extensive. In 1925-26
'India possessed more than 10,000 locomotives and this
lact may enable the Indian railways to function as o~e of
the most vital determining factors in the price and production
of these goods. From the standpoint of engines
in the world's railways we can classify the more substantial
and prospective markets in the two following groups:
I
Countries with more than
1. U.S.A.
2. Germany
3. Great Britain
4.
5.
6.
France ~
Russia in Europe and in Asia
India
10,000 locomotives
63,619
26,474
24,045
20,877
'12,941
10,081
II
Countries' with more than .3 ,000 locomotives
1. Canada t.. 5,679
2. Italy 5,495 .
3. Poland 5,200
4 •.. Belgium' 4,656