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Russian manufacturing industry electrified by growth in rail sector

DESCRIPTION

The global rail network has around 1.3 million km of track, of which only 25% has been electrified to date. In Europe, electrification sits at 57% overall, with countries like Russia investing heavily to transform an aging network of rail infrastructure. Russia’s focus on transforming its railway network has directly contributed to its resurgent manufacturing industry. However, with continued pressure from the Asian market, can the country retain its global standing as a leading train manufacturer?

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