Titagarh Rail Systems Limited and Bharat Heavy Electricals Limited (BHEL) have approved the formation of a joint venture (JV) to undertake the long-term maintenance of Vande Bharat sleeper trains, as part of their existing engagement with Indian Railways.
The proposed JV will function as a special purpose vehicle (SPV), created specifically to manage the 35-year maintenance responsibility tied to the contract awarded to the Titagarh–BHEL consortium. This ensures a dedicated structure for lifecycle support, covering performance, reliability, and operational upkeep of the trainsets.
The development stems from a ₹24,000 crore contract awarded by Indian Railways for the design, manufacturing, and maintenance of 80 Vande Bharat sleeper trainsets, each comprising 16 coaches. The agreement combines production with long-term service obligations, making maintenance a critical component of the project.
Under this arrangement, the consortium is responsible not only for building the trains but also for ensuring their efficient operation over three decades, aligning with Indian Railways’ shift toward integrated manufacturing-cum-maintenance models.
The Vande Bharat sleeper trains represent the next phase of India’s semi-high-speed rail programme, designed for long-distance and overnight travel, offering improved passenger comfort, modern amenities, and enhanced safety standards.
The formation of the JV is subject to necessary approvals and regulatory clearances, after which the entity will be formally incorporated to execute maintenance responsibilities under the contract.
This move highlights a broader transition in India’s railway sector toward lifecycle-based contracts, where manufacturers remain accountable for both delivery and long-term performance, ensuring better asset management, operational efficiency, and reliability of modern train systems.
