The two-day event brings together railway and custom officials from Afghanistan, Iran, Bangladesh, Bhutan, Kazakhstan, Myanmar, Nepal, Pakistan, Russia, and India along with government officials, policy-makers and experts.
"There is a need for rail connectivity for the development of the region," Indian Railway Minister Suresh Prabhu said today, addressing the conference.
The event is focused on strengthening cross-border railway transport within South and Southwest Asia.
The railway would link up North-South Transport Corridor, which aims to connect Russia, Iran and India.
In a relevant development earlier in March, Iran and Azerbaijan inaugurated a 10 km rail link, one of the missing final pieces of the North-South Transport Corridor which is about to be completed after 17 years.
Iran and Azerbaijan are both eager to establish themselves as regional transportation hubs between Asia and Europe, while other countries across Asia are trying to tap into these emerging networks.
China has already run a freight train connecting Europe. Dry runs of the North-South Transport Corridor were conducted in 2014, from Mumbai in India to Baku in Azerbaijan and Astrakhan in Russia via Bandar Abbas in Iran.