Indian Railways is reportedly planning a record safety budget of Rs 1.3 lakh crore for FY27, potentially representing half of its total capital expenditure. This significant allocation aims to enhance rail safety, partly in response to recent derailments, and is expected to boost companies involved in the indigenously developed Kavach train protection system. The Kavach system, designed to automatically apply brakes, is slated for phased implementation across a substantial portion of the rail network.