Indian Railways (IR) is planning to completely upgrade its rolling stock manufacturing units to bring them up to world standards. The aim is to introduce a huge technological shift in production, so that more export-worthy rolling stock can be manufactured. IR is planning to upgrade its factories to manufacture coaches capable of running at 160 kmph, aluminium-bodied metro coaches and even high speed bullet train coaches with speeds of 350 kmph. Further, plans are being made to bring all the production units under one corporate entity, the Indian Railway Rolling Stock Company. The new government-owned entity will be under the MoR.