RAIL.ONE's success story to boost Make in India mission

In 2006, track system unit of Pfleiderer, with around 850 employees, was sold to AXA Private Equity

It was back in 1894 that Gustav Adolf Pfleiderer established a lumber rafting and trading business in Heilbronn, Germany. By 1920, the family-owned company of Pfleiderer's was supplying wooden sleepers to Deutsche Bahn, then known as Deutsche Reichsbahn, the German railway operator. Several innovations followed in the subsequent years, the company emerged as one of the important partners of Deutsche Bahn in supplying high-speed tracks. Meanwhile, the Mittelstand company-- a term used for a family-owned small and medium sized manufacturing firm in Germany--had expanded it footprint across the globe.
 
In 2006, the track system unit of Pfleiderer, with around