anant_s
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Thats a very valid point.There is a difference between buying critical components and buying the entire product
but it is important to point out here that Indian Railways has always gone for import of technology rather than product import every time. Classical example of this is WDM 2 (diesel loco) purchased from ALCO back in 1960s. ALCO later helped in setting of Diesel Locomotive Works at Varanai, which is one of the largest manufacturer of Diesel Locomotive in the world now, exporting several of its products to various countries too.
Similarly in mid 90s, IR imported 3 phase locos WAP 5 and WAG 9 from Adtranz (Later Bombardier Transport) along with Tech Transfer (ToT). Later IR modified WAG 9 loco to develop WAP 7, which today is one of the best performing High power Passenger class loco.
Again in late 90s, DLW too signed an agreement for High Horsepower Diesel Locos with EMD USA along with ToT. Today DLW produce almost 200 of these locos and has successfully absorbed 3 phase AC AC transmission technology. We will get to see a more powerful 5,500 HP WDG 5 loco soon, developed by DLW in assistance with EMD.
All these examples show that our industry is fully capable of not only accepting a foreign technology and its mass quality production but also to improve upon it by incorporating experiences gained.