Re: Re: Any good news or opportunities

#110499
DBMarcos99
Participant

Expansion plans and orders for a Spanish rail outfit CAF, although the manufacturing of the future will be based in India.

http://www.business-standard.com/india/news/spanish-train-maker-plans-manufacturing-unit-in-india/479020/

“Spain is one of the few countries where we have three different gauges. So, we have technologies to support both standard gauge cars like the ones in Delhi Metro or broad gauge cars as used in the Indian Railways’ Kolkata Metro,” he added.

The company recently bagged a Rs 780-crore order to manufacture 14 rakes (each rake consists of six coaches) for Kolkata Metro Railway Corporation Ltd (KMRCL). It is also bidding for all upcoming metro projects in the country.