India’s Railway Blues turn color
4/23/202620 min
In today's episode of The Daily Brief, we cover two major stories shaping the Indian economy and global markets:
00:04 Intro
00:28 How India’s Trains Are Changing
10:12 The Drone Warfare Shift
19:06 Tidbits
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Transcript preview
First 90 secondsAkshara· Host0:00
[upbeat music] In today's episode, we'll break down two important stories. First, we'll talk about India's railway blues turning color, and then we'll talk about how drones are changing the economics of modern warfare. Welcome back to The Daily Brief by Zerodha, where we cut through the noise to help you understand what's actually happening in the most important stories from business and markets. I'm your host Akshara, and today is Thursday, 23rd April. Coming to the first story. So at markets, we've been looking at the many moving parts behind India's rail infrastructure from electrification to Kavach. Today, we're looking at the most visible part of a train that a passenger can see, feel, and board, the iconic blue-bodied mild steel coach. So for over six decades, India's passenger trains ran on the same basic idea, a powerful locomotive up front pulling a long string of passive coaches behind it. As of March 2018, 49,033 conventional coaches were still in service. Since 1955, the Integral Coach Factory, or ICF, in Chennai and its sister factories have built over 75,000 coaches of all types. For most of that history, the dominant design was the conventional ICF coach. But in January 2018, the ICF flagged off its last one. And what replaced them and why is a story that goes beyond a simple paint upgrade. Let's dive in. Now, the original ICF coach was designed