About 100 participants from over 10 countries will participate in the expo, where seminars and conferences will also be held.
The expo is expected to be a platform to bring different suppliers under one roof and create synergy for the Union government's ambitious "Make in India" initiative.
"The Railways by themselves are great providers of employment. Through the spin-off effects of indigenisation of manufacturing for the Indian Railways in the private sector, particularly among the smaller and medium enterprises the growth of employment prospects for skilled and semi-skilled people is bound to multiply phenomenally," he said.
"That the Indian Railways will be a part of the Indian growth story in the coming years is a matter of certainty, not a subject of speculation anymore," he said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)